Wto Final

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Wto Final

  1. 1. INTRODUCTION <ul><li>GATT was created in 1947. </li></ul><ul><li>The purpose was to facilitate international bargaining and to reduce barriers to trade. </li></ul><ul><li>WTO replaced GATT on January 1 1995. </li></ul><ul><li>The purpose was to facilitate smooth and hassle free trade. </li></ul>
  2. 2. Benefits of WTO <ul><li>The system helps promote peace. </li></ul><ul><li>Rules make life easier for all. </li></ul><ul><li>Disputes are handled constructively. </li></ul><ul><li>Free trade cuts the cost of living. </li></ul>
  3. 3. <ul><li>It provides more choice of product and quality </li></ul><ul><li>Trade raises income. </li></ul><ul><li>Trade stimulate economic growth. </li></ul><ul><li>The basic principle make life more. efficient. </li></ul>
  4. 4. Agriculture Sector
  5. 5. THE IMPACT OF WTO ON INDIAN AGRICULTURE <ul><li>Farmers Subjected To WTO </li></ul><ul><li>Protectism </li></ul><ul><li>WTO Uniform Rules </li></ul><ul><li>Liberalization Of World Trade </li></ul><ul><li>High Tariff Rate </li></ul><ul><li>Developing Country Effect Developing Country </li></ul><ul><li>Biotechnological Advancement </li></ul>
  6. 6. IMPACT ON TEXTILE <ul><li>India a part of Multi-Fibre Agreement (MFA). </li></ul><ul><li>Contributes to 4% of national GDP and 20% of manufacturing value added. </li></ul><ul><li>Provides employment to 6.5 million persons directly or indirectly. </li></ul><ul><li>Quota phase out – Opportunity as well as threat. </li></ul><ul><li>Contributes to almost 35% of foreign exchange earnings. </li></ul>
  7. 7. <ul><li>Major reform under WTO in 2005 resulted : </li></ul><ul><li>A gain to world of around $23 billion, including </li></ul><ul><li>$12.3 billion for the US, $0.8 billion for Canada, $2.2 billion for Europe and around </li></ul><ul><li>$8 billion for developing countries. </li></ul>
  8. 8. IMPACT OF WTO ON SSI UNITS <ul><li>IMPORTANCE OF SMALL SCALE INDUSTRIES </li></ul><ul><li>IMPACT ON SSI </li></ul><ul><li>FUTURE AGENDA </li></ul>
  9. 9. Pharmaceutical industry in India
  10. 10. Introduction <ul><li>15 th largest individual market </li></ul><ul><li>Drug sales of $5.2 billion </li></ul><ul><li>24000 players </li></ul>
  11. 11. Top 10 Pharmaceuticals in India, 2004 Rank Company Revenue 2004 (Rs crore) Revenue 2004 (USD millions) 1 Ranbaxy Laboratories 4,461 1,026 2 Dr. Reddy's Laboratories 1,933 444 3 Cipla 1,842 423 4 Nicolas Piramal India 1,387 319 5 Aurobindo Pharma 1,260 290 6 GlaxoSmithKline 1,228 282 7 Lupin Laboratories 1,180 271 8 Sun Pharmaceutical Industries 1,110 255 9 Cadila Healthcare 1,091 251 10 Wockhardt 980 225 USD 1 = Rs 43.5 Source: Pharmaceutical Sales Busters , India Business Insight, 31-Dec-04
  12. 12. Main Features of Pharma Industry in India <ul><li>One of the two fast growing knowledge based industries in India (the other: IT). </li></ul><ul><li>330 large and about 5000 small scale units. </li></ul><ul><li>They produce over 400bulk drugs and the complete range of formulations. </li></ul><ul><li>One of the main world leaders in Bulk drugs. Meeting 80% domestic demand for bulk drugs along with sizeable exports. </li></ul><ul><li>Pharma industry in India growing at a rate of 15% per annum . </li></ul><ul><li>15th in terms of value but 4th in terms of volume. </li></ul>
  13. 13. Bulk Drugs <ul><li>One of the World leaders. Over 400 basic drugs produced. </li></ul><ul><li>To name some: Aspirin, Ibuprofen, Ampicillin, Paracetamol, Amoxicillin, Cephalexin, Cloxacillin, Erythromycin, Rifampacin, Ciprofloxacin, Chloroquine, Ethambutol, Metronidezole, Prednisolone, various Vitamins, Ranitidine, Omiprazole, Celecoxib, Reficoxib, Simvastatin, etc </li></ul><ul><li>World class Quality. Many items approved by US FDA, FDAs of UK, Brazil, Germany, Australia etc. </li></ul><ul><li>Over 100 manufacturers approved by WHO for GMP. </li></ul><ul><li>Most competitive prices. </li></ul><ul><li>Exported to over 70 countries. </li></ul>
  14. 14. Formulation <ul><li>Entire domestic demand for formulation met with substantial surplus for exports. </li></ul><ul><li>Many companies registered in different countries such as USA, UK, Germany, France, Brazil, China, etc. </li></ul><ul><li>Actually exporting to all these countries. </li></ul><ul><li>Many product separately registered in countries. </li></ul><ul><li>Where product registration is in force. </li></ul><ul><li>Exports of formulation growing @ 15%- 20% </li></ul>
  15. 15. History <ul><li>Bengal Chemical And Pharmaceutical Works </li></ul>
  16. 16. How WTO/TRIPS impact the Pharma Industry <ul><li>Prohibitive cost </li></ul><ul><li>US interventions </li></ul><ul><li>World Bank Subsidies </li></ul>
  17. 17. TRIPS <ul><li>What are IPR? </li></ul><ul><li>How does Trips work? </li></ul><ul><li>Country comply </li></ul><ul><li>Benefits </li></ul><ul><li>Trips II commitment. </li></ul>
  18. 18. Liquor companies <ul><li>Indian liquor companies are anxious. </li></ul><ul><li>UB group controls 25 percent of liquor companies. </li></ul><ul><li>If import duties get removed than indian market will be flooded by second hand multi-national liquor firms . </li></ul>
  19. 19. THANKS <ul><li>Thanks for your attention </li></ul>

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