What is the Future of State Trading?

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Despite the above-stated evils associated with State trading, its future seems to be bright in modern international trade. Basically, because of certain political objectives to be pursued by each country, State trading has its significant role to play in world trade. Further, there is the ‘raw materials problem’ in the world. Surplus countries consider State trading as an appropriate avenue for the disposal of these surpluses.

Moreover, there is growing “regionalism” in world economic relations which has considerably lessened the scope for private traders. More and more foreign trade is becoming, in essence, inter- bloc trade between governments.

State trading is also being popularised among developing nations not as a socialistic measure but as an instrument both for protection and for political and economic welfare.

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Thus, State trading has come to stay with us.

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