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A comprehensive account of the establishment of the World Trade Organization, focusing on those who shaped its creation as well as those who have influenced its evolution. The book examines trade negotiations, the WTO's dispute settlement role, the presence of coalitions and groupings within the WTO, the process of joining the organization and many other topics, including what lies ahead for the organization.
Tracing the history and evolution of the Uruguay Round, this book seeks to explain how it came about, why it covered the subjects it did, what the participants sought, & the twists, turns, setbacks & successes in each sector of the negotiations.
The Uruguay Round was the most complicated negotiating round of GATT ever held. The World Trade Organization (WTO), which resulted from this round, became operational in January 1995. The final Uruguay Round agreement has generated considerable debate in India. Beginning with a sketch of the current global economic scenario, Bibek Debroy explains from an Indian perspective the details of individual GATT agreements including TRIMS and TRIPS.
The completion of the Uruguay Round of negotiations has resulted in the creation of important international agreements. This book examines the implementation of the GATT agreement and its national and international legal and constitutional ramifications
Contains GATT, GATS, TRIPS, the new dispute settlement procedures and the legal framework of the WTO.