IDEAS home Printed from
   My bibliography  Save this article

WTO¡¯s Global Trade Summit at Bali: Pre and Post Bali Scenario


  • Badar Alam Iqbal

    () (Department of Commerce at Aligarh Muslim University (AMU), India)

  • Sibghatullah Farooqi

    () (Department of Commerce; Aligarh Muslim University (AMU); Aligargh (UP), India)


General Agreement on Tariffs and Trade (GATT) was transformed into World Trade Organization (WTO) in 1995. Since then, WTO has tried to build a global Multilateral Trading System keeping away the concept and practice of regionalism out of the globe. In 2011, WTO initiated Doha Development Round (i.e. Doha Development Agenda) to promote global trade on the principle of equitable distribution of gains arising out of the world trade. More than 12 years have elapsed since the trade negotiations started under the WTO regime in 2001. This deadlock has pushed the concept of new regionalism with growing numbers of bilateral agreements among countries. There was an increased feeling that the purpose behind the creation of WTO is defeated and that the global multilateral trading system is in danger. Indeed, the future of WTO is uncertain. In 2013, after WTO trade negotiations at Bali in Indonesia, it is believed that global multilateral trading system is back on track. With such aback drop, this paper looks intothe issues relating to the role of WTO in promoting world trade and impact of the Bali Declaration on the member countries.

Suggested Citation

  • Badar Alam Iqbal & Sibghatullah Farooqi, 2014. "WTO¡¯s Global Trade Summit at Bali: Pre and Post Bali Scenario," Transnational Corporations Review, Ottawa United Learning Academy, vol. 6(1), pages 1-14, March.
  • Handle: RePEc:oul:tncr09:v:6:y:2014:i:1:p:1-14

    Download full text from publisher

    File URL:
    Download Restriction: no


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:oul:tncr09:v:6:y:2014:i:1:p:1-14. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Denny Liao) or (Jen Ma). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.