Currently there are a number of countries negotiating to join the World Trade Organization (WTO) and more are interested in joining. Economies become WTO Members by undertaking individual accession negotiations in which they agree to reform legislation and administrative processes to bring their trade and industry policies into line with WTO rules and provide their trading partners with improved access to their markets.
Australian exporters stand to benefit considerably from new Membership to the WTO though improved access to markets. Australia engages actively in accession negotiations to ensure that the commercial interests of Australian businesses are protected and advanced.
For more information on the current status of accessions see the WTO website.