Ms. Sumanpreet Kaur, Research Scholar, Department of Laws, Panjab University, Chandigarh ABSTRACT Trade liberalisation is one of the prominent aspects of today’s economy. It gives the States freedom to trade globally. It can also create opportunities for domestic manufacturers to expand their export markets and access new customers abroad. Though, sometimes, restrictions are mandatory in order to avoid market disruptions. However these often interrupt the free flow of trade. Textile industry...