WTO Nairobi and India: Role, Share and Takeout
2 Pages Posted: 2 Jan 2016
Date Written: January 1, 2016
This article discusses WTO ministerial meeting held in Nairobi during December 2015. The focus is on India's role, stand and output in general, impact on India. The implementation of this agreement in form and spirit may be far from reality, and hence its real benefit may be jeopardized. This conference went exactly opposite to Doha which set path to improve the trading prospects of the developing and the poor world. ‘Development agenda’ of Doha conference was completely missing in Nairobi, the first WTO meeting in Africa. Commerce Ministry states that India opposes non reaffirmation of the Doha Development Agenda. Lack of unanimity on Doha reaffirmation marks a significant departure from the fundamental WTO principle of consensus-based decision making. It also discusses in brief, the weakening power of WTO and division among poor and rich countries in their stand.
Keywords: WTO Nairobi, Weaknening WTO, Rich & Poor Divide, India & WTO
JEL Classification: A00
Suggested Citation: Suggested Citation