India and the Uruguay Round

Ashok V Desai This paper reviews the current Uruguay round of multilateral trade negotiations under the auspices of GATT It identifies the areas in which there is a likelihood of change, involving quantif able consequences and formulation of rules. According to the author, India can expect no significant gains while she may stand to lose in some areas. There is a critique of India's traditional policy towards GATT If India is to take advantage of some of the opportunities for gains from trade arising out of the Uruguay round then she wilt have to significantly alter her domestic economic policies.