Kalyan Banerji


The author explores the present status of the Uruguay Round. Banerji then reviews the discussions in the 15 major areas, all of which may not be of immediate interest to India. The author then moves on to analyse the progress in discussions in areas that are of interest to India. These are tariffs, non-tariff measures, GATT article, safeguards, functioning of the CATT system, MTN agreements and arrangements, subsidies, countervailing measures and dispute settlement. The author ends by outlining some polemical issues, viz., textiles and clothing, agriculture, TRIPS and TRIMS and services. The author endorses the multitiered flexible approach to the final deal as proposed by Prof. Jagdish Bhagwati. (Editor’s abstract.)



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