5. Coherence in global economic policy-making V Main functions 1. Implemen tation, administration and operation of the covered agreemen ats The Wto facilitates the implementation, administration and operation of the WTO Agreement and the multilateral trade Agreements, and furthers their objectives. It also provides the framework, for those of its Members that have accepted them, for the implemen tation, ad ministration and operation of the Plurilateral Trade agreements v Main functions 2 Forum for negotiations .The wto provides the forum for negotia tions on multilateral trade relations in matters covered by its various agreement It may also, on decision by the Ministerial Conference, provide a forum for further negotiations and a framework for the implementation of their results, on other issues arising in the multilateral trade relations among its members. V Main functions 3. Dispute settlement .The WTo administers the dispute settlement system, which is a central element in providing security and predictability to the multilateral trading system, serving to preserve the rights and obligations of the members of the wto. V Main functions .4. Review of national trade policies .The wto administers the Trade policy review Mechanism, which is designed to contribute to greater transparency and understanding of the trade policies and practices of wto Members, to their improved adherence to the rules, discip lines and commitments of the multilateral trading system, and hence to the smoother functioning of the system V Main functions .5.Coherence in global economic policy-making A Ministerial Declaration adopted at the marrakesh ministerial7 • 5.Coherence in global economic policy-making Ⅴ. Main functions •1.Implementation, administration and operation of the covered agreements •The WTO facilitates the implementation, administration and operation of the WTO Agreement and the Multilateral Trade Agreements, and furthers their objectives. It also provides the framework, for those of its Members that have accepted them, for the implementation, administration and operation of the Plurilateral Trade Agreements. Ⅴ. Main functions •2.Forum for negotiations •The WTO provides the forum for negotiations on multilateral trade relations in matters covered by its various agreements. •It may also, on decision by the Ministerial Conference, provide a forum for further negotiations, and a framework for the implementation of their results, on other issues arising in the multilateral trade relations among its Members. Ⅴ. Main functions •3.Dispute settlement •The WTO administers the dispute settlement system, which is a central element in providing security and predictability to the multilateral trading system, serving to preserve the rights and obligations of the Members of the WTO. Ⅴ. Main functions •4.Review of national trade policies •The WTO administers the Trade Policy Review Mechanism, which is designed to contribute to greater transparency and understanding of the trade policies and practices of WTO Members, to their improved adherence to the rules, disciplines and commitments of the multilateral trading system, and hence to the smoother functioning of the system. Ⅴ. Main functions •5.Coherence in global economic policy-making •A Ministerial Declaration adopted at the Marrakesh Ministerial