India and the WTO: A Reprieve

India and the WTO: A Reprieve

http://southasiahand.com/domestic-economy/india-and-the-wto-a-reprieve/

November 13, 2014: The announcement November 13 that India and the United States had agreed on a potential resolution of the dispute that threatened the future of the World Trade Organization was very welcome indeed. One of the comments that appeared on Twitter soon after the announcement was succinct: "Champagne?" The real answer is: no - a nice cup of tea would be more fitting. It will take some work to reverse the damaging impact of the four-month standoff that preceded it, and avoid a repeat.