Essay on The World Trade Organisation (WTO) and India ! It is true that the WTO mostly benefit the developed countries. That does not mean that the developing countries like India are losing but not gaining anything. But the gains of these countries are limited as compared to those of the developed countries. Regarding the Indian Membership in the WTO, [...]
Essay on the The Objectives of World Trade Organisation ! The setting up of the World Trade Organisation (WTO) was agreed to by 125 countries on April 15, 1994 at a conference in Marrakesh which concluded the strenuous Uruguay round of GATT negotiations after more than seven years of hard bargaining. The new World Trade Organisation which replaces the General [...]
Essay on Achievements of World Trade Organization ! Member-countries of the WTO have sought to fulfil the objectives reflected in the preamble of the WTO agreement of conducting the trade relations with a view to raising standards of living worldwide. The rise in global trade facilitated by trade liberalisation within the rule-based system has created more and better-paid jobs in [...]