A presentation on Multilateralism. But this one has some more additions and changes for India and world

2.  A trade agreement made between multi
nations for getting the equal benefit in the
global market, especially for poorer nations
that are less competitive by nature. E.g DOHA
round of trade agreement between 149
members of WTO.

3.  An approach towards the international trade,
monetary system, security & environment,
based on ideas for the benefit of the group
states in the global business.
 Multiple countries working in concert on a
given issue.

4. Benefits
 Multilateralism is the key, for it ensures the
participation of all in the management of
world affairs. It is a guarantee of legitimacy
and democracy, especially in matters
regarding the use of force or laying down
universal norms.

5. Benefits
 Multilateralism works: in Monterrey and
Johannesburg it has allowed us to overcome
the clash of North and South and to set the
scene for partnerships—with Africa
notably—bearing promise for the future.

6. Benefits
 Multilateralism is a concept for our time: for
it alone allows us to apprehend
contemporary problems globally and in all
their complexity.

7. Challenges
 Multilateralism is much more complex and
challenging. It involves a number of nations
which makes reaching an agreement
difficult. In Multilateralism, there may be no
consensus; each nations have to dedicate to
some degree, to make the best outcome for
all.

8. Challenges
 The multilateral system has encountered
mounting challenges since the end of the
Cold War. The United States has become
increasingly dominant on the world stage in
terms of military and economic power,
which has led certain countries (such as
Iran, China, and India) to question the
United Nations' multilateral relevance.

9. Challenges
 More seriously, the original sponsor of
post-war multilateralism in economic
regimes, the United States, has turned to
unilateral action and bilateral confrontation
in trade and other negotiations as a result
of frustration with the intricacies of
consensus-building in a multilateral forum.

10. Challenges
 As the most powerful member of the
international community, the United States
has the least to lose from abandoning
multilateralism; the weakest nations have
the most to lose, but the cost for all would
be high.

11.  With Multilateral talks, India aggressively
pursuing BILATERAL trade agreements to
protect its interest & gain market access,
 India has 13 trade agreements,
 The lack of progress in WTO has made India
more aggressive in Bilateral agreements,
 India needs to push for FTAs as it is not part
of any trade block.

12. countries Progress (during Export Import
‘10) (2008- (2008-
09) 09)
EU 27 EU 39351 42733
Euro Free Norway, 6th round, 1181 12994
Trade Switz, negotiation in June
Japan During 2010 3026 7886
Thailand During 2010 1398 2704
Malaysia By Dec. 2010 3420 7185
Nw Zealand Started negotiatn 189 424
India-Gulf Co- SArabia, Negotiation 8434 36468
Op council Oman, continuing
Kuwait
Mauritius 10th round over 1007 14
India-SACU Africa, 2175 5579
Namibia 5th round to held
ASEAN By Aug.2010 1459 2090

13.  Too many trade agreements create confusion
for industry,
 Bilateral Trade would increase the cost of
doing business,
 Growing Bilateral deals could lessen the
Multilateral agreements,
 A simple rule of engagement for Multilateral
trade System,
 India has not managed much of gain in the
service.

14.  A radical rethinking is needed, which
recognizes that, next to states, world regions
based upon integration processes between
states have to play a role in establishing an
effective multilateralism.

15.  The key issue in relation to any institutional
reform aimed at reinforcing multilateralism is
how to create a balance of power among UN
members and a balance of responsibilities
and representation for the people of our
planet.

16.  Today’s reality is that, next to states, world
regions are becoming increasingly important
tools of global governance. There needs to
be, however, a lot of creative and innovative
thinking based upon careful analysis of the
regional dimensions of ongoing conflicts and
of existing cooperation between the UN and
regional organizations.

17.  The challenge is that in line with the
complexity of the emerging new world order,
any proposal to rethink multilateralism in
such a way that it incorporates regionalism
needs to be flexible.

18.  A simplistic system of regional
representations that replace the national
representations will not work. And not only
the UN, but also the regional organizations
themselves need to adjust to the reality of
multilateralism.

19.  And above all, in order to become politically
feasible, the idea of a multi-regional world
order needs to be supported and promoted
by civil society. As long as this is not the
case, old habits and organizational structures
will not change, and the world will not
become a more secure place to live in.

20.  Does the (Bilateral)strategy make the sense?
◦ India need to focus more on agreed Multilateral
Trade Agreements, the Free Trade Area with ASEAN
countries SAFTA. Since the liberalization and rules
of origin in every FTA is different, a few countries
prefer to do trade in normal way rather claim
benefits under FTAs to avoid complications.