|LOCATION||Located on the river Manzanares in the center of the country.|
|GEOGRAPHIC COORDINATES||Latitude 40‚º24 N, Longitude 3‚º41 W|
|AREA||607 sq. km|
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Madrid Map for environmental standards. Similar concerns have been raised in countries where taxes are lower and regulations less onerous than in other WTO member countries. Will countries be left free to decide on tax and regulatory policy, or will officials of the WTO usurp those decisions? It is not surprising that anti-globalizations forces target the WTO specifically as a world-corporate-government liaison and entity that threatens national and individual freedom. The top policy-making body of the WTO is the Ministerial Conference, which consists of representatives from member countries and meets at least once every two years. Between meetings of the Ministerial Conference, the WTO General Council carries out the organization’s mission. The General Council also convenes under two other names to handle specific problems: 1. The Dispute Settlement Body, which handles trade disputes between member nations. Madrid Map 2016.