Professional Documents
Culture Documents
DR. R. L. CHAWLA
BACKGROUND
Two World Wars: Trade Flows Disruptions; high
shipping and insurance costs; supply shortages.
GREAT DEPRESSION (1929-33): Trade restrictions;
competitive currencies devaluation; high
import duties and QRs. US average tariff 59% in
1932 compared to 25% in 1948. Bilateral deals
.
The Ministerial Conference is the apex decisionmaking body and the General Council led by DG is the
executive body. It is assisted by specialized
committees. The first Ministerial was held at
Singapore (1996), is famously known for raising
Singapore issues related to Investment, competition
policy, government procurement and trade
facilitation measures .Subsequently, Seattle, Doha,
Cancun, Hong Kong ministerial have taken place.
MAJOR ISSUES
AGRICULTURE
EXPORT SUBSIDIES
MARKET ACCESS
DOMESTIC SUPPORT
MAJOR ISSUES
MARKET ACCESS
(NON-FARM GOODS)
PROCESS OF DEINDUSTRALISATION
HALT TO FLOW OF TECHNOLOGY
REVENUE LOSS ON ZERO DUTY
MAJOR ISSUES
TRIPS AND PUBLIC HEALTH
GEOGRAPHICAL INDICATION
BIO-DIVERSITY AND TRADITIONAL KNOWLEDGE
MAJOR ISSUES
SINGAPORE ISSUES
INVESTMENT
COMPETITION POLICY
TRADE FACILITATION
GOVT. PROCUREMENT
GATS
AUDIO-VISUAL, COMPUTER RELATED,
DISTRIBUTION, EDUCATION & TRAINING,
ENVIRONMENT, FINANCIAL, TELECOM, TOURISM,
TRANSPORT, POSTAL, ACCOUNTING & BOOKKEEPING AND RECREATIONAL
GATS
SLOW NEGOTIATION
RESISTANCE TO MODE 1 & 4 BY DCs
SUPPORT FOR GATS VISA
TRADE RULES
ANTI-DUMPING
SUBSIDIES
RTAs
RTAs
Multilateral trading regime supported tariff
reduction on MFN basis and national
treatment. GATT and then WTO forbids
preferential trading agreements in general,
as a violation of the MNF principle, but
allows them if they lead to free trade
between the agreeing countries.
Forms of RTAs
FUTURE AGENDA
FORMATION OF RTAs
ASYMMETRIES & IMBALANCES IN TRADING
REGIME
RECIPROCITY BETWEEN NORTH - SOUTH
DIVIDE & RULE POLICY FOR LDCs