ITL SYLLUBUS AND SUBJECT PLAN

Unit – I Nature and of International Trade Law and its Traditional

relationship with International Law

Definition of International Economic Law Scope

Sovereignty of States – Reality of International Trade

Developments in International Trade

End of the Cold War

Economic Globalisation

Unit – II Foundations and Concepts of International Trade Law

Basic Concepts of International Trade Law

Most Favoured Nation (MFN)

MFN and GATT

Non-Discrimination – Equality of States

The Role of Sovereignty in the Development of International Trade Law

Unit – III The Regulatory Role of the United Nations in Promoting Economic
Growth and Development

The Bretton Woods Financial and Monetary System

Regulatory Role of the United Nations

Functions of UNCTAD

UNIDO
New International Economic Order (NIEO)

Loss of appeal of the NIEO

The Cartagena Commitment

Unit – IV World Trade Organisation

ITO, GATT AND WTO

• International Trade Organisation and GATT

Structural Format of WTO

• Objectives of the WTO

• Package approach
• WTO Forum for Settlement of Disputes
• Specific Functions of WTO
• Entering or Withdrawing
• Decision Making
• Structure of the WTO
• Different Committees
• Basic Principles of WTO
1) Most-Favoured-Nation (MFN) or Non-discrimination Between Members:
2) National Treatment or Non-discrimination Between Goods:
3) Freer Trade: Gradually Through Negotiation:
4) Predictability: Through Binding and Transparency:
5) Promoting Fair Competition:
6) Tariffs: Cuts and Bindings
7) More Bindings
8) The Built-in Agenda
Unit – V General Agreement on Tariffs and Trade (GATT)

• Outline of the GATT Agreement, 1947

• Brief overview of the General Clauses of GATT, 1947
GATT 1994
• General Elimination of Quantitative Restrictions

Unit – VI General Agreement on Trade in Services (GATS)

• GATS in Brief
• Modes of Supply
• Cross-border Trade:
• Consumption Abroad:
• Commercial Presence:
• Presence of Natural Person:

GENERAL PRINCIPLES

• MFN Treatment (Article II)

• Transparency (Article III)
• Specific Commitments
• Market Access (Article XVI)
• National Treatment (Article XVII)
• Exemptions
• Irreversible Commitments
• Regional Trading Arrangements
Unit VII – Trade Related Aspect of Intellectual Property Rights (TRIPs)

The intent behind TRIPs

TRIPs Coverage:
1. Patents
2. Designs
3. Trademarks
4. Copyrights
5. Geographical Indication of Goods (also known as Geographical Appellations of Origin)
6. Trade Secrets
7. Layout of Integrated Chips (IC)

Unit VIII – Dispute Settlement Mechanism under WTO

Unit IX – Case Study

1. Korean Soju case

2. Canadian Dairy case

3. The case of Codling Moth

4. Copy Right Tales

5. The Banana War

6. Basmati Rice

7. Bed Linen I&II

8. Disputes :217,222,267,285 etc.

Unit X- International Conventions Relating to International Trade

I. UNIDROIT Convention Relating to a Uniform Law on the Formation of Contracts

for the International Sale of Goods (1964)

Types of Commercial Contracts

1. Definite Quantity Contract:

2. Firm – Fixed – Price (FFP) Contract:

3. Fixed – price Contract:

4. Time – and – Materials (T&M) Contract:

II U.N. Convention on Contracts for the International Sale of Goods (CISG) Vienna
Convention, 1980

Contract of International Sale of Goods

Conclusion of a contract

Obligations of the Seller

Breach of Contract

Obligations of the Buyer

Remedies for Breach of Contract by the Seller (Buyer’s Remedies)

Remedies for Breach of Contract by the Buyer (Seller’s Remedies)

UNIT XI- Carriage of Goods by Air

UNIT XII - Carriage of Goods by Sea and Multimodal Transport

Reference Books

1.Agreement on Tariffs and Trade(GATT)World Trade Organisation(WTO):Law,

Economics and Politics by Koul, Autar Krishan

2. WTO: Text&Cases by Rao Palle Krishna

3. The WTO and International Trade Law/ Dispute Settlement by Mavroidis, Petros C
and Sykes, Alan o ed

4. Trade in Goods: The other WTO Agreements

5. The WTO Deadlocked: Understanding the Dynamics of International Trade by

Chakrabarty, D &Khan Amirullah

6. Intellectual Property Rights in the WTO and Developing Countries by Watal

7. Study Material on International Trade Law by NALSAR

Teaching Methodology/Plan

As the course is designed to cover the subject in 12 units, it is contemplated to teach the
same through lecture method in three parts. Each part comprises of four units. One part
takes 20 classes approx.