1. Anurag S Bharati
M120013MS

2.  It is the exchange of capital, goods and
services across international borders
 Has always been present. E.g.: Silk route
 With the advent of globalization and
outsourcing, international trade has become
all the more important

3.  Usually takes up a significant share in a
country’s GDP
 India’s total trade was 43% of GDP in
`05-`06 compared to 16% in `90-`91

4. Commenced on January 1, 1995 replacing
the GATT.
It’s main aim is to:
• Regulate trade between countries
• Provide a framework for negotiating trade
agreements
• Dispute resolution

5.  WTO mainly focuses on the issues derived
from the previous trade negotiations,
especially from the Uruguay Round (1986–
1994).
 It has 157 member states with an annual
budget of $209 million

6. Formed on August 8, 1967 with Indonesia,
Malaysia, Philippines, Singapore and
Thailand being its founding members.
It is a political and economic organization of
10 countries located in South-east Asia
Its aim is to accelerate economic growth and
to provide a platform for settling regional
differences.

7.  ASEAN recognizes India as an important
partner for trade and regional stability
 A free trade area came into effect on January
1, 2010
 In 2008 the total volume of ASEAN-India
trade was $47.5billion

8. CARICOM- Caribbean
AGOA- African growth and
Community and
Opportunity act
Common market
COMESA- Common market for
Eastern and EU-25 – European union 25
Southern Africa
FTAA- Free trade of the
EU-27 - European union 27
Americas
SAARC- South Asian
OPEC- Organization of Association for
Petroleum Exporting
Countries Regional
Corporation

9. Thank you