Day 3 of the GNLU Conference began with a keynote by Prof. (Dr.) James J. Nedumpara on International Trade and Sustainability. He traced the 75-year evolution of trade law, emphasizing the WTO’s pivotal role. Highlighting challenges like the U.S.’s “America First” policy and rising protectionism, he stressed that unilateral tariffs and regional agreements threaten multilateralism.
Advocating for WTO reform, diplomacy, and pacta sunt servanda, he urged global cooperation to uphold a fair, transparent, and sustainable trade system in an era of economic nationalism.
This was followed by a Panel Discussion II on the topic: The Impact of Emerging Technologies on International Trade with Prof. (Dr.) Mamata Biswal, Prof. (Dr.) Wolf-Georg Ringe, Prof. (Dr.) Avinash Dhadhich, Mr. Advaith Rao and Ms. Monika Monika as panelists and Mr. Ridhish Rajvanshi as the Moderator. The experts explored the impact of AI and blockchain on global trade, privacy, and
regulation. Discussions highlighted AI-driven efficiencies in customs, finance, and healthcare while raising concerns over privacy, interoperability, and geopolitical influences on tech policies. Panelists examined AI regulation challenges, with Europe leading in governance but facing compliance
hurdles, and India lacking a dedicated AI regulator. With global AI governance fragmented, the panel emphasized balancing innovation, regulation, and economic realities in shaping the future.
This was followed by Parallel Technical Session on the Theme: International Trade and Investment Law and other allied Laws.
Thereafter, Panel Discussion III on the topic: Evolving trade policy on sustainability: the missing dimension of “equity” took place, with Mr. Sumanta Chaudhari, Ms. Shiny Pradeep, Ms. Prachi Priya, Ms. Sai Sumana C. and Ms. Stuti Toshi as Panelists. Moderated by Dr. James J. Nedumpara, the discussion underscored how trade agreements often overlook equity, shifting burdens onto developing nations. Speakers emphasized the role of technology sharing, digital inclusion, and fair carbon pricing to ensure a just transition. Concerns were raised about the EU’s sustainability policies disproportionately affecting developing economies, the need for equitable climate finance, and the
importance of FTAs in driving inclusive growth.
The conference came to an end with a Valedictory Ceremony.
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