Trade Rulings in the WTO

A Reference to SEZs or Special Economic Zones in any country Recently, trade barriers and trade embargoes has caused a lot of pain in the world that has drawn an attention to WTO on the trade imbalances of any country. Here are some pointers that can create a new trade path. Compensation for unrelated indirect taxes paid by exporters can have an exemption on imports, higher freight rates, market development costs, for a variation of products across the entire gamut. Basically, it entitles any country to introduce allowances for greater taxes paid, mainly indirect. Duty Drawback System in lowering of…