how climate change is affecting the policy making in international forums? do you think the present international community is taking any considerate steps to tackle this issue?
Model Answer Introduction The ongoing trade wars, particularly between major economies like the US and China, have exposed vulnerabilities within the World Trade Organization (WTO). Established in 1995, the WTO aims to facilitate and liberalize international trade. However, its current structure reqRead more
Model Answer
Introduction
The ongoing trade wars, particularly between major economies like the US and China, have exposed vulnerabilities within the World Trade Organization (WTO). Established in 1995, the WTO aims to facilitate and liberalize international trade. However, its current structure requires significant reforms to ensure its survival and relevance, particularly concerning the interests of India.
Current Issues in the WTO
Loss of Utility
The WTO has increasingly lost its utility for key players like the US and the EU, prompting calls for reforms to realign its functions with their priorities.
Inadequate Response to China
The organization has struggled to effectively address China’s tariff manipulation. This inadequacy has led the US and the EU to explore alternative trade frameworks outside WTO regulations.
Neglected Obligations
Major economies often neglect their WTO commitments, such as reducing agricultural subsidies, while pushing for new rules favoring their own sectors, particularly in e-commerce.
Reforms Needed
Fulfilling Agreed-upon Issues
India, alongside other member nations, emphasizes the necessity of adhering to existing commitments, especially in agriculture, before introducing new priorities.
Addressing Major Economies’ Concerns
Reforms should focus on addressing the concerns of the US and EU to restore their confidence in the WTO, encouraging their active participation.
Balancing Obligations
The WTO must balance old commitments with new areas like e-commerce, ensuring inclusivity and fairness for all member countries.
Strengthening Enforcement Mechanisms
Enhancing enforcement mechanisms is crucial to ensure compliance with WTO rules and address instances of non-compliance effectively.
Promoting Development and Equity
Reforms should prioritize the needs of developing countries, ensuring special and differential treatment to foster their participation and benefits from global trade.
Conclusion
As a significant member of the WTO, India has a vested interest in advocating for systemic reforms in key areas, including dispute resolution and trade facilitation, to ensure that the WTO remains functional and beneficial for all its members, particularly developing nations.
See less
Climate change impacts the world in numerous ways: Rising Temperatures: Global temperatures are increasing, causing more frequent and intense heatwaves. Sea Level Rise: Melting polar ice and glaciers contribute to rising sea levels, threatening coastal communities with flooding. Extreme Weather: TheRead more
Climate change impacts the world in numerous ways:
Rising Temperatures: Global temperatures are increasing, causing more frequent and intense heatwaves.
Sea Level Rise: Melting polar ice and glaciers contribute to rising sea levels, threatening coastal communities with flooding.
Extreme Weather: There’s an increased frequency of extreme weather events such as hurricanes, floods, and droughts, causing widespread damage.
Ecosystem Disruption: Species are forced to migrate, and some face extinction as their habitats change, disrupting ecosystems.
Food and Water Security: Altered weather patterns affect crop yields and water availability, leading to food and water shortages.
Human Health: There is a greater incidence of heat-related illnesses, respiratory issues, and the spread of vector-borne diseases due to changing climates.
Efforts to mitigate climate change focus on reducing greenhouse gas emissions and transitioning to renewable energy sources. Adaptation strategies include improving infrastructure resilience, developing sustainable agricultural practices, and enhancing early warning systems for extreme weather events. These combined efforts aim to minimize the adverse effects of climate change on human and ecological systems.
See less