Government establishes task force to tackle non-tariff barriers in trade: Piyush Goyal

Minister Goyal remarked India’s engagement in regulatory cooperation to foster a conducive global regulatory framework that aligns favorably with national interests and international standards.

The Government of India has announced the formation of a task force under the Department of Commerce as a proactive move aimed at streamlining international trade and fostering smoother commerce relations. The primary objective of this task force is to identify, categorize, and devise tailored strategies to address non-tariff barriers, as disclosed by Commerce and Industry Minister Piyush Goyal.

Non-tariff barriers, encompassing a spectrum of regulatory hurdles, have been identified as impediments to seamless trade. These barriers range from cumbersome testing and certification requirements to domestic standards and rules that pose challenges for exporters. Minister Goyal emphasized the need to recognize and mitigate these barriers to facilitate more efficient trade practices.

Minister Goyal stated in a written response to the Lok Sabha that a task force had been established under the Department of Commerce to identify, categorize, and develop tailored strategies for resolving the identified non-tariff barriers. He acknowledged the complexities involved in delineating trade barriers and emphasized the need to provide heightened attention to the matter.

The resolution of trade barriers, inclusive of endeavors to ensure expanded and efficacious market access, is an ongoing commitment. Minister Goyal thus remarked India’s engagement in regulatory cooperation to foster a conducive global regulatory framework that aligns favorably with national interests and international standards.

Regarding trade relations with Pakistan, Minister Goyal addressed the unilateral decision by Pakistan to suspend bilateral trade with India in August 2019 amid strained diplomatic ties. Despite this suspension, Pakistan has permitted the export of therapeutic products, albeit under restricted conditions. The Minister clarified that typically, the Atari-Wagah border and Karachi Port serve as pivotal trade conduits between the two nations. He emphasized that the responsibility for resuming bilateral trade rests with the Government of Pakistan.

Along with this, Minister Goyal affirmed India’s commitment to fostering an environment conducive to trade cooperation, both regionally and globally. The establishment of the task force underscores India’s proactive approach to navigating the complex terrain of international trade, aiming to bolster economic growth and promote harmonious trade relations.

The initiative to address non-tariff barriers aligns with broader efforts to enhance India’s competitiveness in the global marketplace. By identifying and mitigating these barriers, the government aims to bolster the resilience of Indian exporters and enhance their access to international markets.

Furthermore, the emphasis on regulatory cooperation reflects India’s commitment to engaging constructively with its trading partners to ensure a level playing field and uphold global standards.