UPSC CURRENT AFFAIRS – 25 April 2025 covers important current affairs of the day, their backward linkages, their relevance for Prelims exam and MCQs on main articles InstaLinks : Insta Links help you think beyond the current affairs issue and help you think multidimensionally to develop depth in your understanding of these issues. These …
Syllabus: Multilateral Organisation Source: TH Context: The relevance of the WTO is under debate as critics argue it has lost direction and needs major reforms, especially amid rising protectionist measures like reciprocal tariffs. About World Trade Organisation: Established: 1 January 1995, replacing GATT (1947). Headquarters: Geneva, Switzerland. Key Functions: Facilitate global trade negotiations. Resolve trade …
Topic: Effects of liberalization on the economy, changes in industrial policy and their effects on industrial growth. 6. For India, though the multilateral trading system embodied by the WTO provides security and predictability. India has had a chequered relationship with the World Trade Organisation (WTO). Examine. Suggest reforms that needs to be undertaken in the …
Context: The World Trade Organization (WTO)’s 12th Ministerial Conference (MC12) is being convened in Geneva, Switzerland at the end of this month, a year-and-a-half after it was scheduled to be held in Kazakhstan. The MC12 is being held at an important juncture when the global trade scenario is quite upbeat. About World …
Continue reading “Insights into Editorial: Charting a trade route after the MC12”
