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Books > Law > International law > Public international law > International economic & trade law > Tariffs
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Breaking Non-Tariff Barriers - Insights To Concept, Regulation for Exports to other Countries and India Regime (Hardcover)
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Breaking Non-Tariff Barriers - Insights To Concept, Regulation for Exports to other Countries and India Regime (Hardcover)
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Non-tariff measures (NTMs) have become increasingly important in
international trade as tariffs get limited by the WTO. More and
more creativity is being used by countries to regulate trade in
sectors of national interest and stay WTO compliant at the same
time. It is all about how well policy-makers are able to make use
of the ambiguity in the WTO Agreements negotiated decades ago to
benefit their domestic industry. For exporters, just being aware of
NTMs will not suffice. They have to be well versed with them, among
other aspects of trade. Attempts have been made to demystify NTMs
by explaining the concepts of the WTO SPS and TBT Agreements hidden
behind legal language and clearly explain what can be the norm and
what is a violation. This book also looks at NTM regulations by
countries where India has export potential, such as automobiles,
chemicals, toys, textiles, etc., and the difference between policy
making of developed and developing nations. It cannot end without
touching upon what India needs to do to discipline its domestic
regulatory environment from the view of impact assessment and
market surveillance. Both are related to the effective
implementation of a regulation and thus need discussion in today's
context.
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