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The book highlights the beneficial character of opening up economies under the multilateral institution of WTO rather than leaving countries to forge economic cooperation bilaterally and under regional trading blocs RTBs which give an edge to the developed countries over their developing and least-developed counterparts including the South Asian ones. At the same time, it analyses each agreement of the Uruguay Round from South Asian perspectives attempts to find out gaps in agreements and gives suggestions to plug them. It also attempts to critically study the issues of the subsequent meets including the Seattle, Doha, Cancun and Geneva meets bringing out reasons of the failure of the Seattle and Cancun meets.

The book also analyses the changed scenario after China joining WTO along with underscoring China's achievements and problems on the economic front. Finally it recommends some measures for the South Asian countries to secure more equitable gains from the ongoing process of integration of economies of the world under the aegis of WTO.