000			01905nam a2200217Ia 4500
999			_c271804 _d271804
003			OSt
005			20220420174241.0
008			200717s9999 xx 000 0 und d
020			_a9.78818E+12
040			_c0
082			_a330.9 WTO
100			_aSabannaTalwar (ed.)
245		0	_aWTO and Indian economic reforms / edited by Talwar Sabanna
260			_aNew Delhi
260			_bSerials
260			_c2008
300			_a448 p.
520			_aThe multilateral trading system, which the WTO administers, represents a balance of concessions which, if implemented in letter and spirit, could bring about orderliness, transparency and predictability in global trade. The principle of most-favoured nation treatment of all Member countries by each country, more free trade through through reduction of tariffs and progressive removal of non-tariff barriers, elimination of trade distorting measures, including subsidies, systems of rules to serve as guidelines for national legislation to bring about uniformity in laws and regulations everywhere and simplification of border measures are some of the gains of the system. A very substantial issue for developing countries is the cost of implementing an enforcement system for IPRs. Despite the fact that most WTO Members have now adopted legislation implementing the minimum standards required by the WTO, levels of piracy and counterfeiting continue to increase every year. This is a concern not only because of the financial losses to the IPR holders but also because pirated and counterfeit goods can have a serious impact on health and consumer protection. A significant factor in developing countries' failing to enforces IPRS is the lack of capacity to do so. The costs of establishing a fully functioning system from the ground up can be very high, specially for poor countries with limited resources.
650			_aWTO
942			_cB _2ddc