India’s Trade Integration and Non-Tariff Barriers

India-US Relations and Trade Barriers

• US President Donald Trump and India are negotiating to address trade barriers.

• Despite uncertainty, a 50% tariff on India’s exports to the US remains in place.

• 50% of orders of shrimp from Andhra Pradesh have been cancelled.

India-EU Trade Talks

• Both sides appear confident of concluding the deal.

• EU’s commissioner for Trade and Economic Security, Maros Sefcovic, is maximizing efforts to finalize negotiations by year-end.

Lowering Tariffs and Relaxing Non-Tariff Barriers

• India’s push for free trade agreements must be complemented by liberalizing the trade regime.

• Non-tariff barriers like Quality Control Orders are criticized for acting as trade barriers and leading to higher costs.

Resisting Imposition of Non-Tariff Barriers

• Lowering tariffs alone won’t facilitate integration with global supply chains.

India’s Trade Integration is important topic for Civil service exam (WBCS).

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