The establishment of the World Trade Organization (WTO) in 1995 marked a pivotal change in global trade governance by providing a structured framework for negotiating and enforcing trade agreements among member nations. It aimed to facilitate free trade, reduce trade barriers, and promote economic cooperation through a set of agreed-upon rules. The WTO's dispute resolution mechanism aims to address trade conflicts fairly and expediently. The organization played a crucial role in shaping international trade policies, affecting everything from tariffs to services and intellectual property rights. This development contributed to globalization, integrating economies, and fostering interdependence among nations in trade relations.