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Title: Impact of TBT on Marine Products Exports from Kerala in a Benefits and Foibles Settings Based on Primary Data Inferences
Authors: Dr. Pavanam Thomas and Dr. C. S Shaijumon
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Dr. Pavanam Thomas1 and Dr. C. S Shaijumon2 1. Assistant Professor, Department of Economics, St. Berchmans college, Changanassery, Kottayam, India 2. Associate Professor and Head, Department of Humanities and Social Sciences, Indian Institute of Space Science and Technology, Thiruvananthapuram, Kerala, India
MLA 8 Thomas, Dr. Pavanam, and Dr. C. S Shaijumon. "Impact of TBT on Marine Products Exports from Kerala in a Benefits and Foibles Settings Based on Primary Data Inferences." Int. j. of Social Science and Economic Research, vol. 9, no. 8, Aug. 2024, pp. 2923-2940, doi.org/10.46609/IJSSER.2024.v09i08.023. Accessed Aug. 2024. APA 6 Thomas, D., & Shaijumon, D. (2024, August). Impact of TBT on Marine Products Exports from Kerala in a Benefits and Foibles Settings Based on Primary Data Inferences. Int. j. of Social Science and Economic Research, 9(8), 2923-2940. Retrieved from https://doi.org/10.46609/IJSSER.2024.v09i08.023 Chicago Thomas, Dr. Pavanam, and Dr. C. S Shaijumon. "Impact of TBT on Marine Products Exports from Kerala in a Benefits and Foibles Settings Based on Primary Data Inferences." Int. j. of Social Science and Economic Research 9, no. 8 (August 2024), 2923-2940. Accessed August, 2024. https://doi.org/10.46609/IJSSER.2024.v09i08.023.
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ABSTRACT: Seafood trade is a major item in the global trade of all products. The GATT has been replaced with the WTO for minimizing trade restrictions, but the irony is that in the ambit of WTO newer trade rules have been introduced in the form of TBT and other quality standards. Though it is possible for the Codex committee to introduce new guidelines and rules connected with trade. But the developed countries might change these stipulation as per their self-interest. The study is based on primary data collected from 30 processing-cum-export firms in the three districts of Kerala by using appropriate statistical techniques to endorse the benefits and foibles of the study. The EU approval has helped the firms to minimize rejections citing the implementation of the TBT standards by the importers. There were several factors that had led to these changes, apart from simple demand-supply dynamics and competitiveness. The impact of TBT on seafood exports of Kerala pointed towards strongness of its influence, particularly generating market diversification as its primary consequence of TBT stipulations. Market diversification, though is seemed a temporary solution, value addition and high unit value realisation are inevitable coping up mechanisms with a view to reducing the present high TBT impact index

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