UPSC EDITORIAL ANALYSIS : Settling trade disputes through ‘litigotiation’

Source: The Hindu Prelims:Protectionism, liberalization, WTO, GATT etc Mains GS Paper III:Government planning, mobilization of resources, LPG reforms, protectionism etc ARTICLE HIGHLIGHTS Indiaand the S. notified the World Trade Organization(WTO) of reaching a mutually agreed solution in the poultry dispute, withdrawing their respective pending WTO cases in the matter, following the settlement reached between the two countries. …

WTO: Agreement on Investment Facilitation for Development (IFA)

GS Paper 3   Syllabus: Economic Liberalization   Source: LM  Context: Recently (July 2023) over 110 (it does not include India) of the WTO 164 members concluded text-based negotiations on the Agreement on Investment Facilitation for Development (IFA)   What is the Agreement on Investment Facilitation for Development (IFA)? The Agreement on Investment Facilitation for …

2023 World Trade Report: Re-globalization

GS Paper 3  Syllabus: Economy: Globalization   Source: WTO  Context: The 2023 World Trade Report, published by the WTO, explores the role of international trade in building a more secure, inclusive, and sustainable world.   Key findings of the report:   What is re-globalization? Re-globalization is a concept that advocates expanding and strengthening international trade …

Restoring the WTO’s dispute settlement system

GS Paper 2  Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate   Source: TH  Context: Since 2019, the WTO’s two-tiered dispute settlement system (DSS) remains paralysed.    About World Trade Organization (WTO): It is an (“member-driven”, “consensus-based”) intergovernmental organisation that regulates and facilitates international trade between nations. It is the world’s largest …

Reforming WTO

GS Paper 2  Syllabus: Important International Institutions, agencies and fora – their Structure, Mandate   Source: IE  Context: The recently concluded G20 working group meeting on trade and investment focused on the important issue of WTO reform.   World Trade Organization (WTO): It is a member-driven, consensus-based intergovernmental organisation that regulates and facilitates international trade …

Quality control orders

Facts for Prelims (FFP) Source: LM Context: India has been issuing quality control orders (QCO) for products of mass consumption, including machinery safety equipment, pressure cookers, toys and air conditioners, to curb Chinese imports and boost exports. However, several WTO members have objected to this move and say that India’s QCOs are protectionist and may …

Investment facilitation agreement (IFA)

GS Paper 2  Syllabus: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests   Source: TH  Context: India should not be opposed to joining the investment facilitation agreement (IFA) negotiations for fear of investor-state dispute settlement claims.   Background: Even if the World Trade Organization (WTO) is inactive, IFA is one …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 13 March 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 24 January 2023

InstaLinks :  help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions ina your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to their …

[MISSION 2022] Insights SECURE 2022 : Daily UPSC Mains Answer Writing Practice: 25 March 2022

  Click on EACH question to post/upload you answers. How to Follow Secure Initiative? How to Self-evaluate your answer?  MISSION – 2022: YEARLONG TIMETABLE Join IPM 4.0 to get an assured review of 2 secure answers everyday   General Studies – 1 Topic:  urbanization, their problems and their remedies. 1. Solid waste management (SWM) in urban …

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 WTO. (250 words)

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 …

China’s status as a ‘developing country’ at the World Trade Organization (WTO):

GS Paper 2: Topics Covered: Important International institutions.   Context: China’s status as a ‘developing country’ at the World Trade Organization (WTO) has become a contentious issue with a number of countries raising concerns over the upper middle-income nation deriving benefits reserved for developing countries under WTO norms. Moreover, concerns have been raised over the …

Insights into Editorial: Charting a trade route after the MC12

    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 …

Who are the developing countries in the WTO?

Topics Covered: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora. Who are the developing countries in the WTO? What to study? For Prelims: Categories of countries in WTO. For Mains: Need for, implicating, significance and concerns. Context: US president has asked for changing the WTO rules for changing the …