The purpose of the World Trade Organization (WTO) is to regulate international trade by providing a framework for trade negotiations and dispute resolution among its member nations. It aims to promote free trade by reducing tariffs and other barriers, creating a more level playing field for all countries. The organization also works to encourage trade liberalization and enhance economic cooperation on a global scale. By facilitating trade agreements and ensuring compliance, the WTO seeks to foster global economic growth and stability, benefiting both developing and developed nations.