18 Jul 2005|Noida |
Book Released by Shri. T.K. VISHWANATHAN
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In today's world, legal transactions inevitably involve many nations and many sets of laws, especially after the establishment of WTO. The changeover of trade regime from the dispensation of GATT to a better organized WTO has, however, created several hurdles for the developing and underdeveloped countries. The dispute settlement in international trade between the members has become one of the complex and hot issue.
The book
WORLD TRADE ORGANISATION AND INDIA: A CRITICAL STUDY OF ITS FIRST DECADE, was released by
Shri T .K. Vishwanathan, Legislative Secretary,
Ministry of Law and Justice, Government of India at
Amity International Centre (AIC), New Delhi. Shri Vishwanathan lauded the efforts of Prof. J.K Mittal and Mr. K. D Raju, Editors of the book and commented, "The world has had many years experience with the WTO disciplines and its dispute settlement system, and it is a particularly appropriate time to access the WTO's performance to date. This new book is a particularly welcome addition to the burgeoning literature, which needed systematic, agreement - by – agreement and critical examination of the WTO's rules and the way in which they impact developing countries."
Dr. Ashok. K. Chauhan, Founder President, Ritnand Balved Education Foundation appreciated the efforts gone in making of the book and added, “This book has a good collection of articles which puts together important World Trade issues. The book not only covers current agreements, but also proposals for the new agreements."
Prof. J. K. Mittal, Director, Amity Institute of Global Legal Education and Research & Editor of the book commented, " The book analyses the genesis and history of the world trading system and attempts to identify the problematic areas in the Agreement on Agriculture (AoA) and the negotiations explains how the Sanitary and Phytosanitary (SPS) Agreement acts as a non-tariff barrier to developing country exports.”
Mr. K.D. Raju a Doctoral Scholar in Centre for Studies in Diplomacy, highlighted on the major issues on the overall working of the WTO in the first decade which is impressive but has not been very supporting in the Indian context. Mr. Raju further stressed on the fact that it is now high time for India to play a proactive role in the WTO rather than a defensive one. The country should take lead in the negotiations for the protection of legitimate interests of developing countries in many areas of development in the coming Ministerial Conference at Hong Kong.