<Li> The WTO shall provide the forum for negotiations among its members concerning their multilateral trade relations in matters dealt with under the Agreement in the Annexes to this Agreement . </Li> <Li> The WTO shall administer the Understanding on Rules and Procedures Governing the Settlement of Disputes . </Li> <Li> The WTO shall administer Trade Policy Review Mechanism . </Li> <Li> With a view to achieving greater coherence in global economic policy making, the WTO shall cooperate, as appropriate, with the international Monetary Fund (IMF) and with the International Bank for Reconstruction and Development (IBRD) and its affiliated agencies . </Li>

The wto took over the gatt’s role in 1995