2. CONCEPT
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The WTO- January-1, 1995
• as a negotiating forum;
• the embodiment of a set of rules;
• and a venue for settling disputes.
The Doha Round-
• AIM- the introduction of lower trade barriers and revised trade rules.
• Covers about 20 areas of trade.
• Known semi-officially as the Doha Development Agenda.
• Launched- the WTO’s Fourth Ministerial Conference in Doha, Qatar- November 2001.
3. 3
Case Summary-
CASE SUMMARY
• WTO – Expand Liberalization process.
• Supporters of free trade – add capital, services and Intellectual property in international trade.
• Problem – provokes different level of resistance.
• Goal of Doha Round- Aim to introduce GATS, TRIMS, TRIPS- earlier rejected by poor countries.
• Introduction took liberalization ground to halt.
• Criticism- WTO- a tool for wealthy members only.
• Interorganizational government fights for few – other destined to fail.
• GATS- acquire local banks by Western countries.
• TRIMS- Prevented-Government procurement project to national companies- developing countries.
• TRIPS- Prevent India and Brazil to gain market share in Pharmaceuticals from western MNE’s.
• Difference in trade policies - Have sharpened and not smoothened.
4. 1. Is the WTO right to be pushing the GATS, TRIMS and TRIPS
agenda?
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• Basically, many developing countries started to do trade
internationally which results in the protection of their banking
sectors.
• GATS would acquire their local banks.
• TRIMS would have stopped the preference for the national
companies.
• TRIPS would have increase the western MNEs market share.
• So, based on the above points it is not right to be pushing the
GATS, TRIMS and TRIPS agenda.
5. 5
● Yes, it can be salvaged but it’s not easy. The difference in the Doha development round has increased the
divide between developed and developing countries.
● A systematic problem like linking the rule and regulation of the global financial bodies should be Rectified
● WTO chose to come to negotiation conclusions through a “single undertaking” approach. This approach
meant that every member had to come to a consensus on every issue. A seemingly impossible task as there
were 134 Members in the WTO at the beginning of the Doha Rounds, this should be addressed.
● Coherent strategies among the developing countries to form a credible union which would put more pressure
on developed countries to make amendments in thee rule in the WTO
● WTO is a member‐driven organization. It is up to the governments, then, where they want to drive it.
Recently, it seems as though governments have chosen to get out of the car for a pit stop but the reality is, the
WTO cannot liberalize trade unless governments want to do so.
2. Can the Doha Development Round be salvaged and, if so, how?
6. Thank You
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Presented by Group 7:
Shubham Tiwari -PROV/MBA-9-20/030
B. Shradha -PROV/MBA-9-20/045
Ala Mrudula Sai- PROV/MBA-9-20/138
Dinesh Kumar -PROV/MBA-9-20/081
