India Trade Policy Review at WTO in Sept 2020

The Seventh Trade Policy Review of India in WTO is scheduled to take place on 15 and 17 September, 2020. Interaction with WTO Secretariat on information sharing on key economic and trade policies has already begun.

The Secretariat Report of Sixth Trade Policy Review of India envisaged India to be a significant participant in international trade with enhanced share in global exports from 2% to 3.5% by 2020. As per WTO estimates, India’s share in 2018 of merchandise trade was 1.67% and that of services trade was 3.54%.

This information was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Rajya Sabha on 29 November 2019.