WTO Reforms Reshape Indian Fisheries, Boosting Exports and Economic Growth
The article discusses how international trade, which is like the "engine of growth," is closely connected to economic development. The World Trade Organization (WTO), created to supervise and promote global trade, aims to increase rules-based trade to support development in developing countries. The WTO helps these countries grow by providing more export opportunities when they open up their economies. However, despite the benefits of trade, not all countries benefit equally. Developing nations need to have good domestic policies in place to make the most of international trade. This highlights the importance of having fair trade agreements in place for countries to maximize their export potential and contribute to their growth.