Since CEPR’s inception GATT has been one of the main thrust areas of research activities. After the establishment of the WTO, services became one of our niche areas of research and an ambitious project for study of individual service sub sectors was implemented with support from the Ministry of Commerce and Industry. Subsequently the research was broadened to include other WTO issues such as agriculture, NAMA, anti-dumping, subsidies and countervailing measures, and intellectual property rights. With the agenda of the WTO becoming more comprehensive and with the launch of the Doha Round we substantially expanded and intensified WTO research at CEPR . In this context we have decided to launch a quarterly titled the Trade Policy Newsletter. The newsletter will keep track of national, regional and global trade and investment policy developments and offer critical insights. Each issue will also contain feature articles on various aspects of these developments as well as on WTO issues.