DR.

RAM MANOHAR LOHIYA NATIONAL LAW

UNIVERSITY, LUCKNOW

Synopsis for project submission in International Trade Law-I

B.A LL. B 7th Semester

Project Topic- “1947 and WTO”

SUBMITTED TO: SUBMITTED BY:

Ms. Kirti Singh Abhishek Kumar Singh

Asst. Professor Dr. RMLNLU, Lucknow (Roll no 171)

 ACKNOWLEDGEMENT

This project venture has been made possible due to the generous co-operation of various
persons. Apart from the efforts taken by me, the success of this project depends largely on the
encouragement and guidance of many other people. I take this opportunity to express my
thanks to the people who have been instrumental in the successful completion of this project.
To list them all is not possible, even to pay them in words is beyond the domain of my lexicon.
I would like to express my sincere thanks and deep gratitude to Ms.Kirti Singh without whose
thorough and insightful guidance, this project work would not have been a success. I also
express my sincere thanks to the library staff of RMLNLU and my friends for their co-operation
in my endeavour.

Regards

Abhishek Kumar Singh

Sem VII
 TABLE OF CONTENTS

1.RESEARCH METHODOLOGY...................................................................................... 3

2.INTRODUCTION………................................................................................................ 4

3. A BRIEF HISTORY OF THE WTO AND GATT………………………………….….6

4. PRINCIPLE OF GATT AND WTO...........................................................................…...8

5 ROLE OF INDIA AND WTO .................................................................................... 9

6. STAUTUS OF DEVELOPING NATION IN WTO……………………………….…….10

7.ADVNTAGE AND DISADVATANTAGE OF GATT………………………………….12

7. CONCLUSION............................................................................................................... 14

8. REFERENCES................................................................................................................ 15
 RESEARCH METHODOLOGY

1. OBJECTIVE OF STUDY:

The object is to study the Establishment of WTO and the establishment of GATT w.r.t to 1947 and its
consequences on International Trade.

2. SOURCES OF DATA:

Secondary sources of data are used for preparing this project.

3. METHOD:

Descriptive method is used for preparing this project.

4. HYPOTHESIS:

The General Agreement on Tariffs and Trade is established in 1947 with primary concerned with the
promotion of trade across the globe. GATT aims at expansion of international trade. Though it provides
that the countries should not impose such restrictions which hinder the trade between two or more
countries but if certain measures are adopted for the conservation of natural resources then they cannot
be challenged only on the ground that they are incompatible with various provisions of the GATT.
Later on in 1995 GATT was abolished and new international organisation was established for
international trade related issues WTO (World Trade Organisation).

5. RESEARCH QUESTIONS:

a) What is the objective behind the establishment of organisation like GATT in 1947?

b) Under what circumstances GATT was abolished in 1995 and WTO was established to address the
issue of International Trade related matters?

6. SCOPE:

The present project deals with the establishment of WTO and GATT in 1995 and 1947 respectively
and what are all the reason to abolish GATT upcoming of WTO.

7.METHOD OF CITATION:

Uniform mode of citation is used.