World Trade Organization multilateral regulations and rules need to achieve as much coherence and harmonisation as possible between domestic regulation and other international regulatory disciplines, in the economic, social and environmental fields, thereby minimising potential areas of dispute between WTO members.
The [Uruguay Round Declaration] recognised the desirability of pursuing closer international cooperation between such international organisations as the WTO, the IMF, UNCTAD and the World Bank, in the area of global economic policymaking. The Cooperation Agreements concluded in 1996-97 between the WTO and these organisations provide for regular consultations between the institutions and for a more systematic exchange of information.