Title LB 705 International Trade law.pdf ✅

Himachal Pradesh National Law University Shimla Semester VII Academic Session 2023-24 Paper Code: LB- 705 Page 1 INTERNATIONAL TRADE LAW Course Outline: - The course introduces students to the fundamental principles of international trade law, focusing on the essential frameworks that govern global commerce. The primary goal is to acquaint and familiarize students with the main pillars of international trade law, including their influence on domestic legislation and policy. The course delves into the rules and procedures of international institutions established to implement treaties, providing a comprehensive understanding of their roles and functions. Key topics include the General Agreement on Tariffs and Trade (GATT) and the World Trade Organization (WTO), emphasizing their contributions to the evolution of trade norms and practices. The course would explore the intricacies of the dispute settlement mechanism under GATT and WTO, their processes and significance of resolving trade conflicts. Additionally, the course examines the interaction between international trade law and national policies, highlighting the complexities and challenges that arise in harmonizing global and domestic interests. Through case studies, practical examples, and interactive discussions, students would gain a thorough understanding of impact of international trade law on global economic relations and national regulatory frameworks. This course is designed to equip students with the knowledge and analytical skills necessary to navigate and influence the dynamic field of international trade law. Course Objectives: - 1. To provide students thorough understanding of the fundamental principles of international trade law, including key concepts, terminologies, and the historical evolution of trade regulations. 2. To analyze the rules and procedures governing the implementation of international trade treaties, highlighting the mechanisms that ensure compliance and enforcement. 3. To investigate the dispute settlement mechanisms under GATT and the WTO, understanding the processes for resolving trade disputes and the impact of these resolutions on international relations. 4. To assess the impact of international trade law on domestic laws and policies, exploring how global trade regulations influence national economic strategies and legislative frameworks. 5. To provide an in-depth examination of international institutions such as the World Trade Organization (WTO) and the General Agreement