The WTO Regime and its Possible Implications for Pakistan

The WTO Regime and its Possible Implications for Pakistan

Publication details

  • Tuesday | 08 Apr, 2003
  • Abid Qaiyum Suleri
  • Research Reports,Project Publications
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Dr. Abid Qaiyum Suleri October 2003 Abstract This paper examines the historical background of multilateral trading system. It explains the basic principles of trade under World Trade Organization (WTO) and differentiates WTO agreements from “WTO organization”. It also problematizes the critical question, “Why the developing countries are not able to benefit from WTO regime” in the context of WTO-IFIs nexus. This paper discusses the power game of the Bretton Wood institutions as well as the power tactics used by major trading nations in WTO. It also analyses the coping strategies adopted by developing countries. The paper emphasizes on greater transparency and democratic governance of and about WTO not only at multilateral level, but also at national level. It also explores the possible implications of “Post_Cancum Scenario” on developing nations. It suggests several proposals for Pakistan to devise national level policies to get integrated into multilateral trading system, thus effectively take pat in negotiations or forward proposals at the international level.