BES163-P5: WTO-Nairobi Summit, Special Safeguard Mechanism (SSM), ITA, Agri Export Subsidies

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chronology of the WTO ministerial conferences in recent years.
Update related to trade facilitation agreement (TFA) from Bali summit.
WTO Nairobi Package: 1) and elimination of agriculture and cotton export subsidies 2) special Safeguard mechanism-SSM 3) tweaking the DFQF rules for least developed countries (L.D.C), information technology agreement-ITA; ever greening of patents
criticism against WTO Nairobi summit.
major trade disputes between India and USA at World Trade Organization.
Survey observation: Foreign trade is directly proportional to the size of economy and directly proportional to distance
classification of trade agreements of number of participants and integration level
economic survey’s observation on multiregional trade agreements versus regional trade agreements (MTA); TPP and its impact on India
five types of preferential trade agreements (PTA): Partial Scope Agreement, Free Trade Agreement (FTA), Customs Union (CU), Common Market (CM), Economic Union (EU)
has India benefited from trade agreements or not? – observations by Economic survey in volume-1 chapter-8: why should India shed-off its “Big but poor” Dilemma to gain maximum benefit from trade agreements?


Faculty Name: You know who, now in HD
Language: Hindi; Powerpoints: English
Powerpoint available at http://Mrunal.org/download Goto Mediafire folder- Powerpoints- Economy- BoP folder
Exam-Utility: UPSC IAS IPS Civil service exam and its Preliminary (CSAT), Mains and Interview stage; and other banking exams (IBPS, RBI), Staff selection commission (SSC-CGL), GPSC, MPPSC, RPSC and other state services examinations