International Trade & WTO

WTO governs global trade; 164 members; India is a founding member; trade worth $30 trillion/year

Global 🌍 1995 International Trade

Key Facts

1
WTO (World Trade Organisation, 1995) replaced GATT (1947); 164 member countries; Geneva headquarters
2
Principles: Most-Favoured-Nation (MFN), National Treatment, transparency, tariff binding
3
India's goods exports: $450 billion; services exports: $330 billion; top exports: petroleum, pharma, textiles, IT services

📊 Did you know? India's stance at WTO: consistently protects its right to subsidise farmers and food security — clashed with developed countries on agricultural subsidies

International Trade & WTO

Key Facts

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