The article discusses the evolution of the international trading system, focusing on the shift towards more sophisticated analytical frameworks and new questions like tax policy responses. It highlights the efforts at the Uruguay Round to bring new rules to traditional sectors and extend regulations to new areas like services and agriculture. The research emphasizes the importance of multilateralism in trade agreements and the balance between regionalism and unilateral actions. The work was conducted under the direction of Dr. Surendra Patel and involved experts from around the world.