Indian Economy in the Post Wto Era Essay Example

The World Trade Organization (WTO) has completed its eleventh year, demonstrating its dedication to a rule-based system that values non-discriminatory trade, discussions for increased trade freedom, enforceable obligations for predictability and transparency, promotion of fair competition, and support for development and economic reform. This approach has undoubtedly led to global trade growth over time. However, the effects of the WTO on different sectors of the economy continue to be a subject of controversy domestically and internationally.

There are differing opinions among various stakeholders, such as policymakers, industry experts, farmers, researchers, and the general public, regarding how the WTO impacts specific sectors. Even within these groups, there is no consensus