EXPLORING THE NEED FOR A POST-WTO FRAMEWORK

EXPLORING THE NEED FOR A POST-WTO FRAMEWORK Rohitashwa Shrivastawa, Student at Narsee Monjee Institute of Management Studies , School of Law, Bengaluru. Download Manuscript ABSTRACT The World Trade Organization (WTO) strives for member states to adhere to comprehensive and non-discriminatory rules to facilitate global trade. While the United States played a significant role in the WTO’s growth, the organization’s ability to address manipulation of rules by certain nations is limited. This raises the hypothetical need for a successor to the WTO to effectively regulate global trade. Furthermore, the WTO’s dependence on major economies and its lack of accessibility for private business entities have become apparent shortcomings. As a result, there is a growing scope for existing outside the WTO, considering its stagnant progress and the need for a more inclusive and responsive trade organization. Understanding the significance of this topic is crucial as it highlights the current challenges and limitations of the WTO, prompting the exploration of alternative frameworks for regulating international trade in a fair and equitable manner. Type Information Research Paper LawFoyer International Journal of Doctrinal Legal Research, Volume I, Issue II, Page 189 – 194. Creative Commons Copyright This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License. Copyright © LIJDLR 2023 Recent content THE KEY IMPLICATION OF SECTION 29A IN CORPORATE INSOLVENCY RESOLUTION PROCESS EXPLORING THE NEED FOR A POST-WTO FRAMEWORK CROSS-BORDER INSOLVENCY IN PRIVATE INTERNATIONAL LAW– EXAMINING THE UNICTRAL MODEL A SPOTLIGHT ON UNLAWFUL ACTIVITIES PREVENTION ACT, 2019 EQUALITY AND INCLUSIVITY: THE PUSH FOR LEGALIZING SAME-SEX MARRIAGES IN INDIA A COMPARATIVE ANALYSIS OF THE DPDP BILL AND OTHER PRIVACY LAWS

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