disadvantages of WTO..?
what is wto ? n wat is his impact on Indian economy?
wto and it's relation in India
India has been a WTO member since 1 January 1995.
Yes, China is a member of the World Trade Organization (WTO). It joined the organization on December 11, 2001, after a lengthy negotiation process that began in the 1980s. China's accession to the WTO marked a significant step in its integration into the global economy and has had a profound impact on international trade dynamics.
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achivement of w.t.o.
There will be a profound pressure on the Indian fiscal resources and FOREX reserves in the depleting economy as a micro impact. The pressures on India will also be fairly evident in the the receding global economy.
the British helped industrialize and moderized India to a small extent
China's accession to the World Trade Organization (WTO) took nearly 15 years due to several factors, including the need to reform its economy and trade practices to align with WTO standards. Negotiations were complex, involving domestic political resistance, concerns over intellectual property rights, and the impact of China's large state-owned enterprises on global markets. Additionally, geopolitical considerations and pressure from existing WTO members also played a significant role in delaying the process. Ultimately, China joined the WTO in December 2001, marking a significant milestone in its integration into the global economy.
India's talent going outside and becoming asset for some other countryIndia's economy is becoming the economy of other country
Manmohan singh is a PM of india ,as result .
Challenges Of WTO regime