India and Pakistan, the two largest economies in South Asia, share a common border, culture and history. Despite the benefits of proximity, the two neighbors have barely traded with each other. In 2011, trade with Pakistan accounted for less than half a percent of India's total trade, whereas...

Applicant countries in transition wishing to revitalise or establish new ties with the GATT/WTO system will be able to achieve this neither in a rash nor uniform fashion. Undisputedly the necessary economic reforms in Central and Eastern Europe will take time. With respect to foreign trade, the...