Question Q.10GS2GS2

What are the key areas of reform if the World Trade Organization (WTO) has to remain relevant in the present context of protectionism and trade wars?

Main Body

World Trade Organization is a global trade body contributing in multilateral flow of trade by duty rules, etc. Keynote of Reforms in WTO: → Abolition of trade subsidies eg: Amber box, Red box (burran and blue box, USA etc.) → Non tariff barrier to trade issues eg: CPTPP of EU. → Unilateral tariff changes by USA eg: Trump's policies → SPS (Sanitary and Phytosanitary) measures on IPR, etc. → Productive mechanism for OMOs.

Way ahead: → Negotiations on national tariffs → Tariff limitations on LDCs and EMDs → SPS measure rationalization.

— SURAMYA SHARMA · AIR 359

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Topper

SURAMYA SHARMA

AIR 3592025

Subject & Paper

GS2GS2

Topic

International Institutions, Agencies and Fora - Structure and Mandate

WTO and International Trade Governance

WTO Reform Agenda

Writing Stats

Total words

Paragraphs

analytical

Tone

Linked PYQ

In our country, the migration of rural people to towns and cities is increasing drastically. This is causing serious problems both in the rural as well as in the urban areas. In fact, things are becoming really unmanageable. Can you analyze this problem in detail and indicate not only the socio-economic but also the emotional and attitudinal factors responsible for this problem? Also, distinctly bring out why – (a) educated youth are trying to shift to urban areas (b) landless poor people are migrating to urban slums (c) even some farmers are selling off the land and trying to settle in urban areas taking petty jobs. What feasible steps can you suggest which will be effective in controlling this serious problem of our country?

20M2014Analyze