The roles of international trade organisations are as follows:

a. These organisations facilitate and implement the various trade agreements which are signed among the members countries on various issues. 

b. They provide a platform for negotiations to the parties where they discuss the policies and find a middle ground. These negotiations relate to the multilateral trade agreements among the several parties.

c. These organisation monitors and oversees the foreign policies of various countries related to the exports and imports of products with each other.  

d. They propagate the fair trade practices across the countries so that not only the domestic companies get a chance to fight in the market and the interference from the foreign companies remains minimum.

Such organisations play a critical role in maintaining balance in the world trade as they help in negotiation between the countries. These play a role of a mediator to bring several parties on the table and help them solve matters and in the result benefit from each other. It is with the help of such agencies that countries are able to take advantage of their competitive advantage in the world market and seek opportunities in the world market. Agencies like these make sure that foreign companies conduct their business in other countries but not at the costs of the domestic industries and not hurting the domestic market in general. They help in continuously monitoring of the economies around the world and also act as a watch dog to prevent foul practices in the market so that countries follow the pre decided practices and do not cheat with each other.  

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