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WTO has taken up
inclusion of industrial tariff and other market access as an item of agenda for future
multilateral negotiations. Some member
countries of the WTO have submitted different suggestions relating to coverage, scope and
modalities for negotiations on industrial tariffs. The implications of these proposals
depend upon the extent of the reduction in the tariffs and the scope of the coverage of
the goods. In this context, India has to do her intensive homework on various fronts. It
has also to prepare balance sheet of the market access it will gain in the other countries
in relation to the market access it will offer to other trading partners. A detailed
analysis of industrial tariffs will enable us to prepare ourselves for negotiations in
WTO. The main objective
of this workshop was to make interaction between academia and industry sector. A number of
persons from industrial apex bodies/industry were present in this workshop. After a
presentation on the topic by Dr Rajesh Mehta, a number of representatives of industrial
bodies made very useful suggestions, and it led to a lively discussion on various aspects
of industrial tariff negotiations |
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