Non-tariff barrier resolution portal soon; move assumes significance as agri exports fell 3% in Q1

India is set to launch an online platform for registering and resolving non-tariff barriers (NTBs) faced by exporters in the next 2-3 months. The portal will cover three areas: sanitary and phyto-sanitary measures (SPS) and technical barriers to trade (TBT). It is significant as India’s agricultural exports fell by 3% in the first quarter.

India is gearing up to launch an online platform to address non-tariff barriers faced by exporters, focusing on SPS and TBT issues. The portal will monitor resolution strategies and compliance burdens to enhance competitiveness in global markets. With a plan to tackle technical regulations and trade barriers, India aims to boost its exports facing challenges […]

India has raised concerns over China’s high trade deficit and non-transparent subsidies, affecting domestic industry. India’s bilateral trade with China recorded the largest trade deficit in 2023-24, with exports ending at USD 16.65 billion and imports at USD 101.75 billion. The EU also raised concerns over China’s distortive industrial policies and import substitution.

India raises concerns over its significant trade deficit with China and the lack of transparency in Chinese subsidies. China’s export numbers fluctuate as global partners express worries over its industrial policies. India and EU highlight issues such as import substitution and intellectual property rights. Calls for China to reconsider its developing country status and trade […]

Malaysia has urged India to ease export restrictions on key farm goods such as rice and sugar. Malaysia’s Minister for Plantation and Commodities, Johari Bin Abdul Ghani, highlighted the negative impact of India’s abrupt export curbs on Malaysia during an industry conference in New Delhi.

Steps recommended by the think tank GTRI to boost trade between India and Russia include increasing exports, implementing local currency trading, and pursuing a free trade agreement with the Eurasian Economic Union. Despite a growing trade deficit, India benefits from favorable crude oil deals with Russia. The impact of the Ukraine war and US sanctions […]

Consulting firm EY and industry group Assocham recommend the Indian government develop e-commerce export policies and integrate them into free trade agreements to achieve $200-300 billion in exports by 2030. Their report proposes cheaper financing, raising the courier consignment limit to $50,000, simplifying customs, and establishing E-commerce Export Hubs (ECEH) across the country.

India is considering reducing the floor price for basmati rice exports and replacing the 20% export tax on parboiled rice with a fixed duty to address record-high rice inventories. This move aims to boost shipments and compete with Pakistan, the other leading basmati rice exporter. The government may also introduce a minimum export tax to […]

Commerce and Industry Minister Piyush Goyal, at the G7 trade ministers meeting in Italy, discussed India’s FTAs with the EU and UK and the India-Middle East-Europe Economic Corridor. Talks with Valdis Dombrovskis focused on India-EU trade and FTA negotiations, while discussions with Jonathan Reynolds covered deepening India-UK economic ties and resolving FTA issues before elections. […]

IRGMA requested banning chlorinated gloves due to bio-waste violations and urged using BIS approved gloves via GEM. The Malaysian Rubber Council noted health risks. CPCB and West Bengal Pollution Boards support bans. CDSCO Gazette from Oct 2, 2022, prohibits powdered Nitrile gloves. Sunil Patwari and Konda Anindith Reddy from Wadi Surgicals emphasized risks from chlorinated […]