Q. Why did India refuse to sign a trade facilitation agreement? (200 words) That said, the WTO dispute settlement mechanism is very effective. The chronological list of WTO cases is available here. Countries attract their trading partners to this body when one country`s action is perceived by another country as unfair and a violation of a WTO agreement. Some experts believe that, as part of the Uruguay Round commitments, industrialized countries already have a liberal Mode 1 trade regime (which covers business process outsourcing or BPOs) for some of the service sectors of interest to India. Further studies are needed to assess the extent of autonomous liberalization by industrialized countries, which may be blocked during the negotiations, and the benefits that may result for India. Moreover, given its cost advantage and demographics, India`s services exports would continue to grow even in the absence of further liberalization. India could also consider the possibility of concluding mutual recognition agreements with major importers of services, so that differences in domestic regulatory systems do not hinder its exports. d. Implementation issue: Developing countries claim that due to limited capacity or lack of technical assistance, they have encountered difficulties in implementing the agreements reached in the previous Uruguay Round.
They also claim that they have not realized some of the benefits they expected from the cycle, such as for example. B improving access for their textiles and clothing to the markets of industrialized countries. They shall endeavour to clarify the language which relates to their interests in existing agreements. All these agreements were concluded during the Uruguay Round negotiations, i.e. before or before 1995. In most of the agreements, new proposals have been put forward by different countries, which we will discuss later. For exams in 2014-17 is the important AoA agreement. (Because it will remain in the news because of 10% food subsidies) On the other hand, India and China are participating in and leading the negotiations on the Regional Comprehensive Economic Partnership Agreement . . . .