- Subject index
Despite the United States withdrawing from the Trans-Pacic Partnership (TPP) Agreement, its template of rules remains highly relevant for future negotiations on international trade. This book helps to evaluate the legal provisions of this pact, its background and its possible evolutionary path. There is a view in the policy discourse that India should actively embrace the norms contained in the Agreement. Trans-Pacic Partnership Agreement: A Framework for Future Trade Rules? offers a balanced and objective analysis of the likely impact of the TPP template of rules on developing countries such as India and significantly contributes to the ongoing debate regarding India's ideal stance. This book will be useful for policymakers, trade lawyers, policy analysts, academics, economists and government officials, especially those from developing countries.
Chapter 10: Government Procurement Provisions in the GPA: Ceding Policy Space for Uncertain Gains
Government Procurement Provisions in the GPA: Ceding Policy Space for Uncertain Gains
Introduction and Overview of Implications of Accepting Obligations on Government Procurement
Under the provisions of the General Agreement on Tariffs and Trade (GATT) 1994, World Trade Organization (WTO) members are precluded from using internal taxes or other fiscal measures for granting protection to domestic production. Further, products imported into a country are required to be accorded treatment no less favourable than that accorded to like domestic products. An important exception to this non- discrimination provision relates to procurement for governmental purposes. It may be noted that the government procurement exception would not ...