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May, 27

India to flag non-tariff barriers on all platforms

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NEW DELHI: India is using all multilateral and bilateral platforms, including G20, to flag concerns with regard to non-tariff barriers (NTBs) which are impacting the free flow of trade, a top government official said on Friday. India has already raised its concerns on issues like the EU’s carbon tax on different platforms, including WTO.
Such measures by G20 member countries are likely to figure in the trade ministers’ meeting next week in Jaipur. “Definitely, we are discussing those NTBs and we are also discussing how to find a good solution… how to find a platform where we can coordinate on these issues and understand them,” commerce secretary Sunil Barthwal told reporters here. The two-day Trade and Investment Ministerial Meeting is scheduled on August 24 and 25 in Jaipur. According to a report by Global Trade Research Initiative, India needs to act fast for the removal of NTBs.





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