Quick Summary
Seventh Trade Policy Review of India at the WTO The second and final Session of Indias seventh Trade Policy Review (TPR) concluded today, 8thJanuary 2021, at the World Trade Organization in Geneva. The TPR is an important mechanismunder the WTOs monitoring function in which member countries trade
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FAQ :
The review examined India's trade and related policies to encourage better adherence to WTO rules and provide constructive feedback.
The second and final session of India's seventh Trade Policy Review concluded on 8th January 2021.
Members commended India's Goods and Services Tax, proactive efforts in implementing the Trade Facilitation Agreement, and improvements in the 'Ease of Doing Business' and 'Trading across Borders' indicators.
India highlighted its stable policy environment, lower applied trade rates than WTO commitments, transparent trade remedial investigations, and commitment to streamlining the domestic business environment.
India urged WTO members for a permanent solution to Public Stock Holding (PSH) for food security.
Interest was shown through over 1050 questions asked and 53 interventions made by member countries during the review meetings.
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