Introduction: Ever since India re-discovered the value of economic freedom and global market orientation, India has indeed made significant advances on the economic and trade fronts in the last few years. However, on both counts, the achievements do not seem to match with either the general expectations or India 's potentials. One major reason for this anomaly could be India's inability to exploit adequately the global opportunities thrown open by the WTO system and to smoothen out the after-effects of the WTO system as quickly as required .This Seminar is the second in the series of several strategic initiatives on India' global competitiveness under WTO system planned by the WTO Centre I.I.M Kozhikode. The Seminar has the following objectives.
1) To take a re-look at India 's approach on trade matters relating to the global order under the WTO system.
2)To examine thoroughly the efficacy of India's current policies and practices on various aspects of the WTO frame work including trade in goods, modes of supply of services, intellectual property protection, etc.
3) To evaluate the preparedness and strategies of India in both trade negotiations and dispute resolution.
4)To assess the strategic gaps in India's past and present approach and identity effective future strategies of realizing trade results in emerging areas proportionate to its potentials.
5)To pinpoint fresh global opportunities, the product and service area that constitute India's existing competencies and developing new competencies, and negotiating strategies that could yield the best results with respect to larger and tougher trading partners.