The Board of Editors of the Indian Journal of International Economic Law (IJIEL) is pleased to invite original and unpublished manuscripts for publication in Volume 10. Continue reading
By Aakanksha Mishra, Gujarat National Law University, Gandhinagar.
The World Trade Organization was fashioned by the international order to promote free trade: to remove barriers between countries, to allow them to concentrate on products with a comparative advantage, leading to maximum international productivity. This, however, often challenges rules protecting the environment. Even though the WTO has shown an increasingly open approach towards environmental issues, free trade is still the organisation’s backbone and trade liberalisation its main goal. International environmental law, on the other hand, provides the global institutional means for engaging in the global ecological challenges. It comprises of a loose affiliation of treaties, principles and customs and is a complex system of law which is still evolving and is further exacerbated by a dizzying array of stakeholders. There is considerable tension between the environmental goals and the rapid growth in international trade that places pressure on the earth’s ecosystems. Continue reading
The World Trade Institute of the University of Bern, Switzerland and the Centre for WTO Studies, Indian Institute of Foreign Trade, India are pleased to announce the launch of the 1st WTI – CWS Joint Academy on International Trade Law and Policy (“Joint Academy”), from May 25 – June 19, 2015 at New Delhi. The Joint Academy aims to provide law students and legal professionals in India a rare opportunity to deepen their knowledge on aspects of International Trade Law and Policy. Taught by distinguished academics and practitioners from India and abroad, the Joint Academy will equip participants with theoretical and practical insights into various issues relating to international trade law. Continue reading
By Sudipta Bhowmik, KIIT School Of Law, Bhubaneswar.
Behind the extremely technical debate within the WTO, what is at stake above all are models of agricultural development. -Dr. Bruno Losch
“Trade can be a powerful force for growth and poverty reduction. Countries that have increased the share of trade in their GDP have grown faster and reduced poverty more rapidly”–Nicholas Stern
The establishment of World Trade Organization (WTO) is a drift towards globalization of world economy. Except agriculture, WTO advances its wing to every sector. Controversies and misconceptions are entangled with the issues of agriculture subsidy and trade facilitation, while developed countries like USA and EU have championed the cause of ‘free-trade’, on the other hand, developing countries like India have adhered to agricultural subsidies. India’s stand at Bali approved it again how agriculture subsidy is a burning issue for a developing country and it cannot be set aside as ‘evil’ at the cost of trade facilitation. Before WTO, eight trade negotiations were materialized by General Agreement on Trade and Tariffs(GATT) and in those rounds, developed countries steered the directions of trade and developing countries were ignored. But, now the developing countries are demanding for revision of the agriculture policies taken by developed countries. Continue reading
International Conference: AGRO BIODIVERSITY AND 20 YEARS OF WTO. The World Trade Organization (WTO) came into force on 01.01.1995 with many covered agreements as annexures after lengthy deliberations amongst contracting parties. Many provisions of the WTO made remarkable contributions for regulating international trade, free flow of goods and services and enabled sovereignty to States in regulating their internal markets. Continue reading