India has been one of the founder members of World Trade Organisation (WTO) as it signed the Final Agreement of Uruguay Round of GATT negotiations on December 15, 1993. By virtue of its membership of WTO, India became entitled to Most Favoured Nation (MFN) treatment from all the members of WTO. As a member of WTO, India is required to [...]
In this article we will discuss about the issues outlined at the recent WTO negotiations. Seattle Meet: The Third Trade Ministerial Meeting of the World Trade Organisation (WTO), attended by 135 countries was held at Seattle, USA between November 30 and December 3, 1999. The developed countries, led by the USA made a determined bid to get the new round [...]
The final draft of the World Trade Agreement consists of 500 pages. It includes 40 separate agreements. There are some new additions to agreements such as intellectual property rights, trade in services, agriculture, textiles and clothing, trade related investment, rules on dumping, governments procurements etc. The controversies had been raging earlier related to various proposals included in the Dunkel Draft [...]