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Anurag S Bharati
   M120013MS
   It is the exchange of capital, goods and
    services across international borders

   Has always been present. E.g.: Silk route

   With the advent of globalization and
    outsourcing, international trade has become
    all the more important
   Usually takes up a significant share in a
    country’s GDP

   India’s total trade was 43% of GDP in
    `05-`06 compared to 16% in `90-`91
Commenced on January 1, 1995 replacing
 the GATT.

It’s main aim is to:

• Regulate trade between countries

• Provide a framework for negotiating trade
  agreements

• Dispute resolution
    WTO mainly focuses on the issues derived
    from the previous trade negotiations,
    especially from the Uruguay Round (1986–
    1994).

   It has 157 member states with an annual
    budget of $209 million
Formed on August 8, 1967 with Indonesia,
 Malaysia, Philippines, Singapore and
 Thailand being its founding members.

It is a political and economic organization of
 10 countries located in South-east Asia

Its aim is to accelerate economic growth and
 to provide a platform for settling regional
 differences.
   ASEAN recognizes India as an important
    partner for trade and regional stability

   A free trade area came into effect on January
    1, 2010

   In 2008 the total volume of ASEAN-India
    trade was $47.5billion
CARICOM- Caribbean
AGOA- African growth and
                                     Community and
      Opportunity act
                                     Common market




COMESA- Common market for
        Eastern and         EU-25 – European union 25
        Southern Africa




                            FTAA- Free trade of the
EU-27 - European union 27
                                  Americas




                            SAARC- South Asian
OPEC- Organization of              Association for
      Petroleum Exporting
       Countries                    Regional
                                    Corporation
Thank you

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Int trade

  • 1. Anurag S Bharati M120013MS
  • 2. It is the exchange of capital, goods and services across international borders  Has always been present. E.g.: Silk route  With the advent of globalization and outsourcing, international trade has become all the more important
  • 3. Usually takes up a significant share in a country’s GDP  India’s total trade was 43% of GDP in `05-`06 compared to 16% in `90-`91
  • 4. Commenced on January 1, 1995 replacing the GATT. It’s main aim is to: • Regulate trade between countries • Provide a framework for negotiating trade agreements • Dispute resolution
  • 5. WTO mainly focuses on the issues derived from the previous trade negotiations, especially from the Uruguay Round (1986– 1994).  It has 157 member states with an annual budget of $209 million
  • 6. Formed on August 8, 1967 with Indonesia, Malaysia, Philippines, Singapore and Thailand being its founding members. It is a political and economic organization of 10 countries located in South-east Asia Its aim is to accelerate economic growth and to provide a platform for settling regional differences.
  • 7. ASEAN recognizes India as an important partner for trade and regional stability  A free trade area came into effect on January 1, 2010  In 2008 the total volume of ASEAN-India trade was $47.5billion
  • 8. CARICOM- Caribbean AGOA- African growth and Community and Opportunity act Common market COMESA- Common market for Eastern and EU-25 – European union 25 Southern Africa FTAA- Free trade of the EU-27 - European union 27 Americas SAARC- South Asian OPEC- Organization of Association for Petroleum Exporting Countries Regional Corporation

Editor's Notes

  1. Brunei, burma, cambodia, laos, vietnam