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Implications of the WTO on Indian Marine Industry, Issues and Policy Perspectives

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  • Kamat, Manasvi
  • Kamat, Manoj

Abstract

The outcomes of WTO negotiations under the Doha round, Hong Kong development round and the changing European Union regulations are likely to place new hurdles on the marine exports emerging from developing economies like India. In the light of the above, we attempt to discuss the impact of WTO-GATS on the Indian Marine Trade and Service industry, analyze the challenges faced by the developing countries, and suggest way-outs to respond them. Many other WTO-GATS related aspects have repercussions on the marine exports from the developing countries in Asia and India in particular; namely the outcomes from the Dispute Settlement Mechanism (DSM), the relation between trade rules and Multilateral Environmental Agreements (MEAs), Technical Assistance and Capacity Building (TA & CB) and the provisions for Special and Differential Treatment (SDT). The impact of GATS and the implications on Indian marine trade & services are specifically assessed in context of Tariff barriers, Non-tariff measures, Subsidies and Eco-labeling. Relevant policy implications follow the issues discussed.

Suggested Citation

  • Kamat, Manasvi & Kamat, Manoj, 2007. "Implications of the WTO on Indian Marine Industry, Issues and Policy Perspectives," MPRA Paper 6151, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:6151
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    References listed on IDEAS

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    3. Kirkpatrick, Colin & George, Clive, 2004. "Trade and Development: Assessing the Impact of Trade Liberalisation on Sustainable Development," Impact Assessment Research Centre (IARC) Working Papers 30579, University of Manchester, Institute for Development Policy and Management (IDPM).
    4. World Bank, 1998. "World Development Report 1998/1999," World Bank Publications - Books, The World Bank Group, number 5981.
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    More about this item

    Keywords

    WTO; GATS; India; Marine Industry; Fisheries; Trade and Non-trade Barriers; NAMA; Implications; Policy Suggestions;
    All these keywords.

    JEL classification:

    • P5 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems
    • F2 - International Economics - - International Factor Movements and International Business
    • F1 - International Economics - - Trade
    • L7 - Industrial Organization - - Industry Studies: Primary Products and Construction

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