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రాజ్యవ్యవస్థ మరియు పాలనGS2
GS2

Capacity Building Course on International Trade Negotiations

Source:PIB ↗

ఇది ఎందుకు ముఖ్యం

Capacity building for trade negotiations is vital for India as it actively engages in numerous Free Trade Agreements (FTAs) and defends its economic interests at multilateral forums like the WTO.

సారాంశం

The Centre for Research in International Trade (CRIT) under the Indian Institute of Foreign Trade (IIFT) conducted a specialized three-day orientation course on trade negotiations to enhance India's strategic capacity in dealing with global trade pacts, WTO frameworks, and bilateral agreements.

ముఖ్య అంశాలు

  • The Centre for Research in International Trade (CRIT) and the Indian Institute of Foreign Trade (IIFT) organized a three-day orientation course on trade negotiations.
  • The course aims to build institutional capacities and train government officials, policy-makers, and trade negotiators in handling complex bilateral and multilateral trade agreements.
  • Focus areas include contemporary issues in international trade, WTO negotiations, and Free Trade Agreements (FTAs).

ముఖ్యమైన పదాలు

Centre for Research in International Trade (CRIT)

A premier global think tank and research centre established under the Indian Institute of Foreign Trade to articulate developing-country perspectives on international trade, investment, and WTO frameworks.

UPSC context

GS Paper II/III (International Relations/Economy): Essential for questions on global trade pacts, WTO frameworks, and capacity building for trade negotiations.

Source
Indian Institute of Foreign Trade (IIFT)

An autonomous public business school established under the Ministry of Commerce and Industry, specializing in international business education, trade policy research, and capacity building.

UPSC context

GS Paper III (Economy): Important for institutional frameworks governing external trade, foreign trade policy training, and export promotion.

Source
Ministry of Commerce and Industry

The Union Ministry in India responsible for formulating and implementing foreign trade policy, managing bilateral and multilateral trade relations, and overseeing industrial development.

UPSC context

GS Paper II/III (Governance/Economy): Core ministry overseeing India's international trade negotiations, export targets, and foreign direct investment policies.

Source

ప్రిలిమ్స్ ఉచ్చు

Centre for Research in International Trade (CRIT) is a multilateral agency functioning under the United Nations framework.

Aspirants often assume CRIT is an independent international organization, whereas it was established domestically under India's Foreign Trade Policy to provide developing-nation policy inputs.

అనుసంధానమైన స్థిర భావనలు

Economy International Trade

What are the core trade remedy measures permitted under WTO agreements?

  • Countervailing Duties: Imposed to offset foreign government subsidies that harm domestic industries.
  • Anti-Dumping Duties: Tariffs applied when goods are exported at prices below their normal domestic value, causing material injury.
  • Safeguard Measures: Temporary import restrictions to protect a domestic industry from a sudden, unforeseen surge in imports.

అంతర-అంశ నమూనాలు

  • Trade Negotiations + IPEF Supply Chains

    Trade negotiation training links directly to India's defensive and offensive interests in plurilateral frameworks like the Indo-Pacific Economic Framework (IPEF).

  • FTAs + Domestic Industrial Policy (PLI)

    Capacity building at IIFT/CRIT supports India's calibrated approach to FTAs, balancing market access with domestic manufacturing protection.

WTO dispute settlement paralysis + India's plurilateral shift frequently tests aspirants on modern trade negotiation dynamics.

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