At WTO India Pushes For Unbiased Assessment of Trade Policies
India hosted a two-day WTO ministerial meet of 16 developing and 6 least developed countries at New Delhi from 13 May- 14 May. In the meeting, India highlighted the issue of WTO’s assessment of a country’s services trade.
- India believes that the WTO’s assessment procedure of a country’s ‘services trade’ policies is biased towards developed countries and needs reform.
- A study commissioned by the Commerce Ministry has found that the existing assessment system, Services Trade Restrictiveness Index (STRI), developed by the Organisation for Economic Co-operation and Development (OECD), has significant quantitative and qualitative flaws. It ranks India very high in terms ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here

