WTO
India-US trade deal talks may have reached a ‘plateau’, further concessions difficult: Nirmala Sitharaman
During a recent briefing, India's Finance Minister Nirmala Sitharaman announced that talks regarding a trade pact with the US are currently stalled. While she sees some room for advancement, she pointed out the complexities involved in making further concessions. The dialogue also encompasses the trade deficit issues with both the US and China.
DG can perform depositary functions: WTO tells India
In response to India's questions on the legal basis by which the WTO director general is assigned the role of acting as the depositary of the Interim Arrangements for the Agreement on Electronic Commerce (ECA), the organisation said that serving as a depositary of the ECA would not conflict with the chief's role and responsibilities.
India launches anti-dumping probes into five Chinese products after domestic industry complaints
The Directorate General for Trade Remedies in India is probing complaints from domestic producers about six imported products from China. Accusations of dumping have led to demands for anti-dumping duties. Additionally, the agency is also assessing Insoluble Sulphur imports. This comes as the trade deficit with China intensifies, along with continued investigations focused on multiple products' import practices.
India-US trade talks hit a plateau, with little room left to give or take, says Finance Minister Nirmala Sitharaman
India and the US are currently negotiating a trade agreement aimed at expanding market access and addressing trade balance concerns. Finance Minister Nirmala Sitharaman mentioned that both sides appear to have reached a plateau in negotiations. She indicated that further concessions may be challenging following rigorous discussions. Despite this, she believes there could be opportunities for additional negotiations. The US is particularly focused on reducing its trade deficit with India.
G20 ministers discuss curbing impact of govt-backed excess manufacturing capacities: Piyush Goyal
G20 trade ministers focused on preventing unfair manufacturing practices caused by government-supported large production capacities. Discussions included addressing predatory pricing and overcapacity threatening fair trade in countries like India and the US. Commerce and Industry Minister Piyush Goyal highlighted India's advantages for data centers, including low costs and tax benefits. He emphasized that India's renewable energy availability further enhances these advantages for global investors.
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Piyush Goyal calls for WTO-compliant approach to correcting global trade distortions at G20 Trade Ministers' Meet
Union Minister of Commerce and Industry Piyush Goyal called for a World Trade Organization-compliant approach to tackle trade distortions and excess capacity during the concluding day of the G20 Trade Ministers' Meeting in Milwaukee, Wisconsin.
Piyush Goyal at G20: India has no ‘structural excess capacity’, rejects dumping concerns based on broad country-wide assumptions
India does not have structural excess manufacturing capacity in sectors flagged by the G20 presidency, Commerce Minister Piyush Goyal said, rejecting broad assumptions that could trigger trade measures. He called for border action to rely on specific, verifiable evidence and comply with WTO rules, while defending India’s manufacturing expansion.
Goyal at G20: India opposes making MFN conditional on WTO obligations
Union Minister Piyush Goyal represented India at the G20 Trade Ministers' Meeting, emphasizing the importance of the Most-Favoured-Nation principle. He stated that equal trading terms are essential for both large and small traders. Goyal expressed India's commitment to addressing trade distortions through WTO-compliant measures and preserving developing countries' policy space for industrialization. India's position on forced labor in global supply chains was reiterated during the discussions.
Piyush Goyal says India does not have structural excess manufacturing capacity
Piyush Goyal said India does not have structural excess manufacturing capacity in sectors identified by the G20, arguing that Indian production caters to both domestic and global demand. Speaking at the G20 Trade Ministers' Meeting in the US, Goyal also stressed WTO rules, supply-chain diversification, forced labour concerns and the need to preserve policy space for developing economies.
Piyush Goyal, US trade envoy Greer discuss early conclusion of India-US interim trade deal
Commerce Minister Piyush Goyal held a “productive discussion” with US Trade Representative Jamieson Greer on early conclusion of a mutually beneficial interim trade agreement between India and the US. The meeting came alongside PM Narendra Modi’s conversation with President Donald Trump and Goyal’s participation in the G20 trade ministers’ meeting.
Piyush Goyal meets EU Trade Commissioner, discusses progress on signing FTA
In a significant meeting, Commerce Minister Piyush Goyal engaged with European Trade Commissioner Maros Sefcovic to review the status of the India-EU Free Trade Agreement. Following discussions at the G20 Trade Ministers' gathering, they emphasized the anticipated signing of this agreement by year-end, which seeks to boost market access and diminish trade barriers, facilitating yearly trade exceeding 180 billion euros between India and the EU.
US Trade Representative Greer jokes Piyush Goyal is 'trade minister for life' as G20 trade talks open in Milwaukee
US Trade Representative Jamieson Greer opened a two-day G20 trade ministers' meeting in Milwaukee addressing key issues. During the event, Greer emphasized the need to rethink global trade governance and identified four pressing priorities. Union Commerce and Industry Minister Piyush Goyal participated actively, promoting India's position on trade agreements alongside his counterparts. The discussions included initiatives concerning steel overcapacity, forced labour, and the Most-Favoured-Nation principle.
India rejects Australia's high sugar subsidy claims at WTO
Australia referring to the WTO panel in the India sugar and sugarcane dispute which found in 2021 that India’s sugar support regime was inconsistent with its WTO obligations and subsidies were in excess of levels permitted under WTO rules.
India, 17 others reserve right to participate in Russia's dispute with EU
India and 17 other countries, including the US, UK and China, have reserved third-party rights in Russia’s WTO dispute against the European Union’s Carbon Border Adjustment Mechanism. The WTO Dispute Settlement Body has agreed to establish a panel to examine Russia’s claims that CBAM creates trade barriers and violates WTO rules.
India’s bid to keep carbon cash home as Europe adds a new trade cost
India’s exporters face new carbon costs under the EU’s CBAM, which took effect in January 2026. For carbon-intensive industries such as steel and aluminium, this could pressure export competitiveness, prompting India to build a domestic carbon market and invest in cleaner technologies.
US’ Graham Act, trade restrictions are sustained coercion; US, China, EU weaponise trade: CEA
The CEA said that trade has been weaponised well beyond the US, pointing to export licensing, supply-chain chokepoints and similar moves by China and the EU.
India, 17 others reserve rights to join Russia’s CBAM dispute with EU as third party at WTO
Argentina, Brazil, Canada, China, Chinese Taipei, Indonesia, Japan, Saudi Arabia, South Korea, Malaysia, Norway, Paraguay, Singapore, Switzerland, Thailand, the UK and the US are other countries that have reserved their third-party rights in the dispute, the Geneva-based official said.
India-UK trade deal: CBIC eases paperwork for UK imports seeking preferential tariffs
The CBIC has made it easier for importers to claim preferential tariffs under the India-UK trade agreement. A valid origin declaration from UK exporters will generally suffice to prove origin. Previously, Form-I was necessary with every Bill of Entry for claiming preferential treatment. Now, this documentation is not required for routine import declarations. This change aims to streamline the customs process and reduce import barriers.
Reject US tariffs, put trade deal on hold: Congress' Anand Sharma to Govt
Congress has urged the Centre to put the proposed India-US trade deal on hold until tariff issues are resolved. Former commerce minister Anand Sharma criticised US President Donald Trump’s move to impose 100% tariffs on countries buying Russian oil, including India, calling it discriminatory and a threat to India's energy security.
India proposes 8 guardrails in softening of stance on plurilateral pacts at WTO
India has proposed eight safeguards for plurilateral agreements at the WTO. These safeguards aim to preserve consensus-based decision making and the multilateral charter. Non-participants' rights and agency must also be protected by these measures. India previously opposed plurilateral trade agreements, advocating for exceptions rather than norms. The proposed safeguards seek to build confidence in the WTO as an inclusive institution.
$3 trillion gain or a 10% GDP loss? WTO sounds a trade alarm
The WTO’s World Trade Report 2026 says strengthening the global trading system could lift global GDP by 2.9%, or about $3 trillion, by 2050, while failing to modernise it could cost up to 10% of global GDP.
WTO cites India-EFTA trade deal as unilateral mechanism to achieve market access outcome
Trade agreements beyond the multilateral trading system can also offer examples whereby unilateral enforcement mechanisms have been tailored to the particular market access outcome arrived upon, according to the WTO’s World Trade Report 2026. “Given the target-based structure of the FDI commitment, the parties chose an enforcement mechanism which would permit India to unilaterally reimpose tariffs if it determined that the targets had not been met,” the WTO said.
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