Many WTO members nowadays believe that bilateral and regional trade agreements are the only ways to counter the problems involved with multilateral negotiations at the WTO. Concerned about this, the WTO has recently set up a committee to look into the increase in regional trade agreements and free trade areas. This book argues for multilateralism and therefore, a stronger WTO as a rule-based organisation.
This is an opportune time for WTO members to examine what is at stake and reconsider their positions. In this context, the book adds considerable value and will be of immense help to Indian negotiators and the industry. It will equally interest those involved in research in the fields of Economics, Politics and Sociology.