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Implicationsofwtoonindia 12907004194068-phpapp01

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Mukesh Kumar
Mukesh Kumar

This document discusses the implications of India's membership in the World Trade Organization (WTO). It outlines how WTO membership has impacted key sectors of India's economy like agriculture, textiles, IT and telecom. It also discusses issues like tariff reforms, intellectual property rights, and sanitary and phytosanitary measures. The document recommends that India focus on improving infrastructure, strengthening the IT sector, reorganizing agricultural policies, and modernizing the textile industry to take better advantage of WTO membership.

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IMPLICATIONS OF WTO ON INDIA Presented by:-
Roadmap Structure Of WTO Why do we need WTO India and WTO Effect on Agriculture Textiles IT & ITes Telecom Sector IPR and TRIPS in India Sanitary and PhytoSanitary Measures/Technical Barriers To Trade Our Recommendations
Tariff Reforms
Why Do We Need WTO? International peace:- by helping the trade to flow smoothly and dealing with disputes over trade issues Risk reduction:- Confidence to nations to do more and more trade, thereby stimulating economic growth
India in WTO Founder member Ensured more stability and predictability MFN status and national treatment for its exports India is expected to snatch most of the business deals that are presently catering the developed nations which includes major service based industries like telecom, financial services, infrastructure services such as transport and power [Source: WTO Secretariat Report]
GDP share Primary Secondary Tertiary 27.5 28.6 31.1 36.6 40.6 49.3 13.3 16.6 21.6 23.7 27.2 26.7 59.2 54.8 46.3 39.2 32.2 24 1950-51 1960-61 1970-71 1980-81 1990-91 2001-02
Agriculture Reduction in domestic subsidies Amber box, Green box and Blue box Total Aggregate Measurement of Support (AMS) is negative so not required to undertake reduction commitments in any of its product Reduction in export subsidies No direct subsidies except marketing and transport subsidies Tariff binding and progressive reduction of tariffs Primary agricultural products 100%
Textiles The textile sector remained outside the GATT disciplines for many decades 1974: MFA ATC : negotiated during the Uruguay Round Accounted for about 36% of total exports from India Largest net foreign exchange earner for the country
Anti-dumping probes against India European Union Unbleached Cotton Fabrics (UCF) Cotton Type Bedliner Polyester Texturised Filament Yarn (PTFY) Turkey Polyester Texturised Yarn (PTY) South Africa Printed and dyed bed linen Acrylic fibre blankets
IT & ITes Key contributor to the Services Sector accounting for 5.8% of Indias overall GDP [Source: PWC report for CII] The increase in availability and reduction in tariffs has prompted many developed nations to go for business with India especially in IT and ITeS industry Software exports from the Rajiv Gandhi Chandigarh Technology Park rose from Rs.504 crore in 2007-08 to Rs.750 crore last year.
Implicationsofwtoonindia 12907004194068-phpapp01
Telecom The WTO Agreement on Basic Telecommunications provided for liberalization of trade Indias approach was primarily defensive MFN exemptions: for different accounting rates into Pakistan, Bangladesh, Nepal and Bhutan 1998 25% FDI 2001 49% FDI 2003 74% FDI but mgmt. control with Indian operators
Mobile tariffs in India 0.25 0.23 0.22 0.2 0.19 0.17 0.16 0.15 0.11 0.11 0.11 0.1 0.09 0.05 0.05 0.05 0.04 0.03 0.02 0 Argentina Belgium Italy India China France Malayasia Philippines Thailand Hong Kong Pakistan UK Brazil Taiwan
IPR Seven types Copyrights Trademarks Geographical indications Industrial designs Patents Integrated circuits Trade secrets
TRIPS in India Indias patent policy allowed very little scope for patents in agriculture Protecting some of the geographical indications of interest to India e.g. Basmati rice, Darjeeling tea, Mysore Dosa Exclusive Marketing Rights for the producers of patented drugs and agrochemicals
Sanitary and Phytosanitary Measures and Technical barriers to trade (SPS/TBT) Protects human, animal and plant life and health including from pests and diseases of food Size, shape, weight and packaging material requirements including labeling and handling safety Peanuts, Marine products, Mushrooms in EU
Our recommendations Building up world-class infrastructure like roads, ports and electricity supply Strength in IT and ITes sector should be tapped and further strengthened Reorganize its Protective Agricultural policy Textile industry modernization

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Implicationsofwtoonindia 12907004194068-phpapp01

  • 1. IMPLICATIONS OF WTO ON INDIA Presented by:-
  • 2. Roadmap Structure Of WTO Why do we need WTO India and WTO Effect on Agriculture Textiles IT & ITes Telecom Sector IPR and TRIPS in India Sanitary and PhytoSanitary Measures/Technical Barriers To Trade Our Recommendations
  • 4. Why Do We Need WTO? International peace:- by helping the trade to flow smoothly and dealing with disputes over trade issues Risk reduction:- Confidence to nations to do more and more trade, thereby stimulating economic growth
  • 5. India in WTO Founder member Ensured more stability and predictability MFN status and national treatment for its exports India is expected to snatch most of the business deals that are presently catering the developed nations which includes major service based industries like telecom, financial services, infrastructure services such as transport and power [Source: WTO Secretariat Report]
  • 6. GDP share Primary Secondary Tertiary 27.5 28.6 31.1 36.6 40.6 49.3 13.3 16.6 21.6 23.7 27.2 26.7 59.2 54.8 46.3 39.2 32.2 24 1950-51 1960-61 1970-71 1980-81 1990-91 2001-02
  • 7. Agriculture Reduction in domestic subsidies Amber box, Green box and Blue box Total Aggregate Measurement of Support (AMS) is negative so not required to undertake reduction commitments in any of its product Reduction in export subsidies No direct subsidies except marketing and transport subsidies Tariff binding and progressive reduction of tariffs Primary agricultural products 100%
  • 8. Textiles The textile sector remained outside the GATT disciplines for many decades 1974: MFA ATC : negotiated during the Uruguay Round Accounted for about 36% of total exports from India Largest net foreign exchange earner for the country
  • 9. Anti-dumping probes against India European Union Unbleached Cotton Fabrics (UCF) Cotton Type Bedliner Polyester Texturised Filament Yarn (PTFY) Turkey Polyester Texturised Yarn (PTY) South Africa Printed and dyed bed linen Acrylic fibre blankets
  • 10. IT & ITes Key contributor to the Services Sector accounting for 5.8% of Indias overall GDP [Source: PWC report for CII] The increase in availability and reduction in tariffs has prompted many developed nations to go for business with India especially in IT and ITeS industry Software exports from the Rajiv Gandhi Chandigarh Technology Park rose from Rs.504 crore in 2007-08 to Rs.750 crore last year.
  • 12. Telecom The WTO Agreement on Basic Telecommunications provided for liberalization of trade Indias approach was primarily defensive MFN exemptions: for different accounting rates into Pakistan, Bangladesh, Nepal and Bhutan 1998 25% FDI 2001 49% FDI 2003 74% FDI but mgmt. control with Indian operators
  • 13. Mobile tariffs in India 0.25 0.23 0.22 0.2 0.19 0.17 0.16 0.15 0.11 0.11 0.11 0.1 0.09 0.05 0.05 0.05 0.04 0.03 0.02 0 Argentina Belgium Italy India China France Malayasia Philippines Thailand Hong Kong Pakistan UK Brazil Taiwan
  • 14. IPR Seven types Copyrights Trademarks Geographical indications Industrial designs Patents Integrated circuits Trade secrets
  • 15. TRIPS in India Indias patent policy allowed very little scope for patents in agriculture Protecting some of the geographical indications of interest to India e.g. Basmati rice, Darjeeling tea, Mysore Dosa Exclusive Marketing Rights for the producers of patented drugs and agrochemicals
  • 16. Sanitary and Phytosanitary Measures and Technical barriers to trade (SPS/TBT) Protects human, animal and plant life and health including from pests and diseases of food Size, shape, weight and packaging material requirements including labeling and handling safety Peanuts, Marine products, Mushrooms in EU
  • 17. Our recommendations Building up world-class infrastructure like roads, ports and electricity supply Strength in IT and ITes sector should be tapped and further strengthened Reorganize its Protective Agricultural policy Textile industry modernization