Education and Career Forum

In second world war, United state of America was the winner. After war, united state of america planned for a organization which could stop the causes of wars and also remove the causes of economy. Then United state of america thought about (ITO) 'International Trade Organization'. But U.S.A. found some problems in this organization after that U.S.A. change their plan and formatted a organization, which you give answer.

The Havana Charter (formally the "Final Act of the United Nations Conference on Trade and Employment") provided for the establishment of the ITO, and set out the basic rules for international trade and other international economic matters. It was signed by 56 countries on March 24, 1948.

What was the new formation of (ITO) International trade organization?

The Havana Charter (formally the "Final Act of the United Nations Conference on Trade and Employment") provided for the establishment of the ITO, and set out the basic rules for international trade and other international economic matters. It was signed by 56 countries on March 24, 1948.