Piyush Goyal calls for WTO-compliant measures to address global trade distortions at G20 meet
- Piyush Goyal called for WTO-compliant measures to address global trade distortions at a G20 meeting
Topic
Trade and tariffs● −3% net tone today
- India and Canada identified critical minerals as a trade opportunity amid supply-chain diversification
- Trump said the US would hold off on a diesel export ban after a G7 release
- Vietnam’s quarterly GDP grew at its fastest pace in four years as exports boomed
Stories per day
1327 Sept
5628 Sept
4429 Sept
5430 Sept
421 Oct
372 Oct
103 Oct
India extends RoDTEP export support till Dec 2026; raises insurance cover to 95% amid West Asia disruption
- RoDTEP export support extended until December 31, 2026
- Insurance risk coverage raised to 95% for eligible shipments amid West Asia disruption
- Export support and higher shipment cover benefit Indian exporters and insurers
Goyal at G20: India opposes making MFN conditional on WTO obligations
- Piyush Goyal represented India at the G20 Trade Ministers' Meeting
- India opposes making the Most-Favoured-Nation principle conditional on WTO obligations
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India urges WTO-compliant action on dumping, warns against protectionism under supply-chain shift
- India warned G20 members against trade-distorting support that can lead to dumping and predatory pricing
- Trade-policy changes may affect Indian exporters and import-competing manufacturers
Commerce Minister Goyal defends India against U.S. forced labour and excess capacity investigations
- Goyal defended India against U.S. forced-labour and excess-capacity investigations
- The U.S. has already imposed a 10% forced-labour tariff on imports from India
- The tariff and investigations expose Indian exporters to higher trade costs and uncertainty
Government extends RoDTEP export tax refund scheme by three months till December 31
- Government extended the RoDTEP scheme until December 31, 2026, to support exporters amid challenges
- Export-oriented Indian manufacturers retain tax refunds, supporting exporters’ margins
Department of Commerce extends RELIEF program timelines to support exporters facing geopolitical risks
- Department of Commerce extended timelines under Component II of RELIEF to support exporters facing geopolitical risks
- More time under RELIEF may aid Indian exporters facing disrupted routes and higher logistics costs
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Action on forced labour should be evidence-based: Piyush Goyal at G20 meet
- Piyush Goyal urged G20 members to base forced-labour trade curbs on clear evidence and follow WTO rules
- India’s exporters may face fewer arbitrary trade restrictions if curbs require clear evidence