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World Trade Organization in boosting economy

World Trade Organization in Promoting Free and Fair Trade: Significance and Limitations

Introduction The World Trade Organization (WTO) is the principal international institution governing global trade. Established in 1995 as the successor to the General Agreement on Tariffs and Trade (GATT), the WTO was created to provide a structured and rules-based framework for international commerce. Its core objective is to promote free, fair, and predictable trade among…

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export promotion

Export Promotion in India: Measures, EPZs, SEZs, and AEZs

Introduction Export promotion is a critical aspect of economic policy for a developing country like India. Exports not only generate valuable foreign exchange but also create employment opportunities, foster industrial growth, and strengthen international trade relations. The Government of India has adopted a variety of measures to boost exports, ranging from policy reforms to institutional…

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