DR SHAKUNTALA MISHRA NATIONAL REHABLITATION UNIVERSITY

FACULTY OF LAW

NAME OF COURSE- INTERNATIONAL TRADE LAW, LLB-703-A

B.COM LL.B (HONS) VIITH SEMESTER

NAME OF FACULTY- MS. SHAMBHAVI UPADHYAY

COURSE OBJECTIVE

The primary goal of the course is to acquaint and familiarize students with the main pillars in this arena
of international law and their effect on domestic law and policy. The course covers the key agreements
and principles of international trade law and the jurisdiction, policies and processes of the WTO.

UNIT-1

Global Economics and International Trade Law, Protectionism vs Free Trade Birth of GATT, 1947, GATT
Rounds of Negotiations, WTO (Uruguay Round 1986 to 1994), WTO Agreements, Understandings,
Annexes

UNIT-2

Principles on Non-Discrimination in GATT & WTO, Most-favoured-Nation Treatment (MFN) Exceptions to

MFN ( Customs Unions and Free Trade Areas) Regional economic Associations like NAFTA, BRICS, SAFTA,
ASEAN etc. National treatment principle, Exceptions to National Treatment Principle, protection
through tariffs, dispute settlement.

UNIT-3

World trade organization, structure/function/working of WTO, decision making in WTO, agreements

under WTO, TRIPS, TRIMS,AOA,GATS, etc , dispute settlement mechanism. Difference between GATT
and WTO,

UNIT-4

Agreement on agriculture, India’s commitments- market access, domestic support, export subsidies,
tariff quotas, India’s food security, Bali peace clause, general agreement on trade in services, modes of
services, specific commitments, progressive liberalization, agreement on trade related investment
measures, anti- dumping agreement, impact of anti- dumping on developing countries.

UNIT-5

Dispute Settlement Procedure under the WTO charter (refer Agreement on Dispute Settlement
Understanding), Consultation, Dispute Panel Body, Appellate Body, Implementation of
findings/decisions of WTO Dispute Settlement Body, WTO and developing countries(including India), on-
going multilateral negotiations

SUGGESTED READINGS

 Raj Bhala, International Trade Law: An Interdisciplinary Non-Western Textbook (Vols 1 & 2)
Lexis Nexis (2015)
 Schnitzer Simone, Understanding International Trade Law (2nd ed.) Universal (2010)
 Carole Murray, David Holloway, The Law and Practice of International Trade, (12th edn.) Sweet
& Maxwell (2015)
 Autar Krishen Kaul, A Guide to the W.T.O. and GATT: Economics, Law, and Politics, Kluwer Law
International (2006)
 Dr. S.R. Myneni, International Trade Law (International Business Law) (3rd edn.) Allahabad Law
Agency (2014)