Structure, Mandate, Decision-Making Mechanics (Ministerial Conferences)

Mention the significance of straits and isthmus in international trade.

WTO is an important international institution where decisions taken affect countries in aprofound manner. What is the mandate of WTO and how binding are their decisions? Critically analyse India’s stand on the latest round of talks on Food security.

“The broader aims and objectives of WTO are to manage and promote international trade in the era of globalization. But the Doha round of negotiations seem doomed due to differences between the developed and the developing countries.” Discuss in the Indian perspective.