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Implications Of Wto On India
1. IMPLICATIONS OF WTO ON
INDIA
Presented by:-
Shivani Gautam
Shray Jali
Vishal Chaudhary
2. Roadmap
Structure Of WTO
Why do we need WTO
India and WTO
Effect on
Agriculture
Textiles
IT & ITes
Telecom Sector
IPR and TRIPS in India
Sanitary and PhytoSanitary Measures/Technical
Barriers To Trade
Our Recommendations
4. Why Do We Need WTO?
International peace:- by helping the trade to
flow smoothly and dealing with disputes over
trade issues
Risk reduction:- Confidence to nations to do
more and more trade, thereby stimulating
economic growth
5. India in WTO
Founder member
Ensured more stability and predictability
MFN status and national treatment for its
exports
India is expected to snatch most of the
business deals that are presently catering the
developed nations which includes major
service based industries like telecom, financial
services, infrastructure services such as
transport and power
7. Agriculture
Reduction in domestic subsidies
Amber box, Green box and Blue box
Total Aggregate Measurement of Support (AMS)
is negative so not required to undertake reduction
commitments in any of its product
Reduction in export subsidies
No direct subsidies except marketing and
transport subsidies
Tariff binding and progressive reduction of
tariffs
Primary agricultural products 100%
8. Textiles
The textile sector remained outside the GATT
disciplines for many decades
1974: MFA
ATC : negotiated during the Uruguay Round
Accounted for about 36% of total exports from
India
Largest net foreign exchange earner for the
country
9. Anti-dumping probes against
India
European Union
Unbleached Cotton Fabrics (UCF)
Cotton Type Bedliner
Polyester Texturised Filament Yarn (PTFY)
Turkey
Polyester Texturised Yarn (PTY)
South Africa
Printed and dyed bed linen
Acrylic fibre blankets
10. IT & ITes
Key contributor to the Services Sector
accounting for 5.8% of India’s overall GDP
[Source: PWC report for CII]
The increase in availability and reduction in
tariffs has prompted many developed nations
to go for business with India especially in IT
and ITeS industry
Software exports from the Rajiv Gandhi
Chandigarh Technology Park rose from Rs.504
crore in 2007-08 to Rs.750 crore last year.
11.
12. Telecom
The WTO Agreement on Basic
Telecommunications provided for liberalization
of trade
India’s approach was primarily defensive
MFN exemptions: for different accounting rates
into Pakistan, Bangladesh, Nepal and Bhutan
1998 – 25% FDI
2001 – 49% FDI
2003 – 74% FDI but mgmt. control with Indian
operators
13. Mobile tariffs in India
0.23
0.22
0.19
0.17
0.16
0.11 0.11 0.11
0.09
0.05 0.05
0.04
0.03
0.02
0
0.05
0.1
0.15
0.2
0.25
Belgium
Italy
UK
France
Brazil
Philippines
Taiwan
Argentina
Malayasia
HongKong
Thailand
Pakistan
China
India
15. TRIPS in India
India’s patent policy allowed very little scope
for patents in agriculture
Protecting some of the geographical
indications of interest to India e.g. Basmati
rice, Darjeeling tea, Mysore Dosa
Exclusive Marketing Rights for the producers
of patented drugs and agrochemicals
16. Sanitary and Phytosanitary Measures
and Technical barriers to trade
(SPS/TBT)
Protects human, animal and plant life and
health including from pests and diseases of
food
Size, shape, weight and packaging material
requirements including labeling and handling
safety
Peanuts, Marine products, Mushrooms in EU
17. Our recommendations
Building up world-class infrastructure like
roads, ports and electricity supply
Strength in IT and ITes sector should be
tapped and further strengthened
Reorganize its Protective Agricultural policy
Textile industry modernization