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The World Trade Organization (WTO), the successor to GATT, is rapidly establishing itself as the third pillar of the Bretton Woods institutions alongside the World Bank and the IMF. The prolonged international negotiations which led to its establishment have produced a complex set of agreements which not only constitute the most profound revision of the rules governing world trade, but extend these rules into a range of issues and economic sectors not hitherto regarded as falling within its ambit.This book is an indispensable and concise explanation of what the WTO agreements actually provide for.
Bhagirath Lal Das was India's ambassador to the General Agreement on Tariffs and Trade (GATT), and served as director of international trade programmes at the United Nations Conference on Trade and Development (UNCTAD).
1. Overview of GATT, Tokyo Round and Uruguay Round2. Basic Principles and Main Elements of GATT3. Most Favoured Nations Clause4. National Treatment5. Tarrifs6. Safeguards7. Balance of Payment Provision8. Subsidy and Countervailing Duty9. Anti-Dumping10. Agriculture11. Textiles and Clothing12. Technical Barriers to Trade13. Customs Valuation14. Rules of Origin15. Import Licensing16. Trade Related Investment Measures (TRIMS)17. State Trading Enterprises18. Services19. Intellectual Property Rights20. Plurilateral Agreements21. Dispute Settlement Process22. Institutions and Decision Making.