The document provides an overview of the history and structure of the World Trade Organization (WTO). It discusses that the WTO was established in 1995 to oversee international trade agreements and replaced the General Agreement on Tariffs and Trade (GATT). The WTO has 148 member nations and deals with trade in goods, services, and intellectual property through multilateral agreements based on principles of non-discrimination and open markets. Key aspects of the WTO include agreements on trade in goods, services, dispute settlement, decision making by consensus, and regular Ministerial Conferences.