International Trade and Right to Development

Preeti Gandhi, Gujarat National Law University
Swati Chauhan, Gujarat National Law University

Abstract

If development is the goal of human society, trade is its life-blood. Trade is the engine of growth. High growth generates new trade opportunities and new prosperity. Trade and development are two crucial realities which have been extensively dealt with within and outside various trade systems.

Development was one of the central goals of the original GATT architects. Over the years, WTO has incorporated a number of rules, provisions and initiatives for developing countries- all with the idea of recognizing and safeguarding their special needs and interests, as contemplated in the various negotiations.