Question Q.10GS2GS2
What are the key areas of reform if the World Trade Organization (WTO) has to remain relevant in the present context of rising protectionism and trade wars?
Main Body
WTO was created post Uruguay Round of Negotiation in 1994 as a successor to GATT. Rising Protectionism Landscape: Karawan1) Tariff hikes/US 2) Even-housing 3) US-China tradewar Key areas of reform: 1) Dispute resolution 2) MFN policy 3) Peace clause in Bali Agreement.
44 words1 paragraphs
Topper
MADHVENDRA PRATAP SINGH
AIR 1532025
Subject & Paper
GS2GS2
Topic
International Institutions, Agencies and Fora - Structure and Mandate
Important International Institutions
WTO Reforms
Writing Stats
44
Total words
1
Paragraphs
analytical
Tone