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The upcoming World Trade Organisation (WTO) ministerial conference will discuss key issues such as agriculture, the 28-year moratorium on e-commerce transmissions, fisheries subsidies, and a China-led Investment Facilitation for Development (IFD) proposal. Trade ministers from 166 economies will meet in Yaoundé, Cameroon, from March 26 to 29 for the fourteenth ministerial (MC14), with limited outcomes…
India-US trade deal (AI image) India-US trade deal: Even as US President Donald Trump has announced an immediate reduction in tariff rate on India to 18%, think tank Global Trade Research Initiative (GTRI) has struck a cautious note on what the deal could mean for India.In a note post post Trump and PM Narendra Modi’s…
India’s exports to the European Union is facing higher import tariffs from January 1, 2026, after the EU suspended Generalised Scheme of Preferences (GSP) benefits for 87% of Indian goods, according to a report by trade policy think tank, Global Trade Research Initiative (GTRI).The move means that a large share of Indian exports will now…
India needs a comprehensive overhaul of its import tariff structure and customs administration to reduce trade costs, improve manufacturing competitiveness and revive export growth, think tank Global Trade Research Initiative (GTRI) said on Saturday, PTI reported. In a report titled A Blueprint for Modernizing India’s Import Tariffs and Customs Regime, GTRI recommended a gradual move…
A remark by US Commerce Secretary Howard Lutnick blaming the lack of a personal phone call from PM Narendra Modi for the stalled India–US trade deal does not stand up to scrutiny and diverts attention from substantive policy differences, the Global Trade Research Initiative (GTRI) said in a report released on Friday.In an interview on…
Silver imports surged sharply in 2025, pointing to its growing strategic importance, amid rising industrial demand, supply constraints and geopolitical tensions, according to a report by Global Trade Research Initiative (GTRI).India was the world’s largest importer of refined silver. It is estimated to have imported silver worth $9.2 billion last year, a 44 per cent…
India is unlikely to be affected by the ongoing crisis in Venezuela, in terms of material economy or energy, Global Trade Research Initiative (GTRI) assured in a note. Though it was once a major buyer of Venezuelan crude, the think tank highlighted that New Delhi has been reducing shipments from the South American nation in…
Indian steel and aluminium exports to the European Union will face a carbon-linked cost from January 1, 2026, as the EU’s Carbon Border Adjustment Mechanism (CBAM) moves from the reporting phase to its payment-linked stage, according to a report by the Global Trade Research Initiative (GTRI).Although the CBAM levy will be paid by EU-based importers,…
India’s steel capacity expansion is coming under pressure from a policy mismatch that raises input costs even as the government seeks to protect domestic producers, according to a report by the Global Trade Research Initiative (GTRI).“Protecting domestic metcoke producers is valid, but stacking quotas and duties on a non-substitutable input risks over-correction and macroeconomic consequences,”…
India and New Zealand should aim to double their bilateral trade in the next five years, accordint to think tank GTRI. The organization recommends reducing import duties and strengthening partnerships in agriculture, while also calling for more direct flights and easier visa rules. These recommendations came on Sunday as both nations prepare to finalize a…
