International Journal in Management & Social Science
  • Year: 2019
  • Volume: 7
  • Issue: 9

Problems and prospects of foreign trade in India

  • Author:
  • Jagadish Prasad Baisantri1
  • Total Page Count: 7
  • Published Online: Mar 9, 2021
  • Page Number: 7 to 13

1Dept. of Commerce, B.R.B. College, Samastipur

Abstract

India, along with a few other developing countries, has and continues to have objections raised and ventilated through WTO forums on issues like agriculture, especially, subsidies in the context of food security and ‘trade facilitation’India’s contention has been that institutional reforms of the WTO are best left to the members rather than the WTO Secretariat. India has further highlighted the increasing trade frictions and the dwindled size of the Appellate Tribunal, which among other things, is affecting dispute resolution.

Keywords

Agriculture, Tribunal, WTO, Subsidies and Dispute