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CARBON BORDER TAXES AND INDIA’S TRADE CHALLENGE Syllabus: GS 3: Environment and conservation. Carbon Tax Why in the News? The European Union’s Carbon Border Adjustment Mechanism (CBAM) entered its definitive phase in January 2026, reshaping global trade by linking market access with carbon emissions compliance. CLIMATE CHANGE AND INTERNATIONAL TRADE ● Climate-Trade Nexus: Increasing integration …
Read MoreTRADE, SUPPLY CHAINS AND ECONOMIC STATECRAFT Syllabus: GS 3: Indian economy and related issues. Balance of Payment . Why in the News? Rising geopolitical tensions, supply-chain disruptions, tariff wars, and strategic competition between major powers have transformed trade, technology, and economic networks into central instruments of global power politics. INDIA’S STRATEGIC AUTONOMY ● Non-Alignment …
Read MoreIndia Opposes WTO Investment Deal Amid Isolation Risk Why in the News ? Ahead of the 14th WTO Ministerial Conference (MC14) in Cameroon, India is opposing the China-backed Investment Facilitation for Development (IFD) Agreement, risking diplomatic isolation as over 128 WTO members support it, raising concerns about multilateralism and equity. India’s Opposition to IFD Agreement: …
Read MoreINDIA LIKELY TO OPPOSE PERMANENT WTO MORATORIUM ON E-TRANSMISSION DUTIES Why in the News? WTO Negotiations: India set to oppose US proposal for permanent moratorium on customs duties on electronic transmissions. Policy Divide: Issue to be discussed at WTO Ministerial Conference (MC14) amid developed–developing country differences, reflecting broader debates on sustainable development and pollution free …
Read MoreINDIA’S TRADE AGREEMENTS AND THE CASE FOR SUNSET CLAUSES Syllabus: GS-2: International Treaties & Agreements , Government Policies & Interventions GS-3:Effect of Policies & Politics of Countries on India’s Interests WHY IN THE NEWS ? India is negotiating multiple trade agreements with partners including the US, UK, EU, and others, amid global trade uncertainty. Recent …
Read MoreCabinet Approves Credit Guarantee Scheme for Exporters Why in the News ? The Union Cabinet has approved a Credit Guarantee Scheme for Exporters under the Export Promotion Mission (EPM). Prime Minister Narendra Modi stated that this will enhance global competitiveness, strengthen supply chains, and promote self-reliance and job creation in India’s export sector. The scheme …
Read MoreIndia’s Exports Face Heavy US Tariffs Why in the News? The US has enforced 50% tariffs on India’s exports from August 27, 2025, including an additional 25% penalty tariff linked to India’s Russian oil imports. This move, reminiscent of Trump-era trade policies, is expected to impact 55% of India’s US-bound shipments, worth nearly $47–48 billion, …
Read MoreIndia-UK FTA Progress Syllabus GS 3: Indian economy Why in the News? Recently, India and the UK resumed high-level discussions to finalize the bilateral trade agreement, focusing on goods, services, and investments amid growing strategic cooperation and changing global alliances. Introduction As India and the United Kingdom move closer to signing a landmark UK-India FTA, …
Read MoreAGRI INDUSTRY WORRIES OVER US TRADE DEAL Syllabus: GS 2: ● Global issues and its impact on India GS-3: ● Agriculture and allied sector Why in the News? India and the United States are finalizing a bilateral agricultural trade deal before the July 9 tariff deadline. Domestic agriculture industries fear trade concessions might adversely impact …
Read MoreIs the World Trade Organization Losing Global Relevance? Syllabus: GS-2: Bilateral Groupings & Agreements , Important International Institutions , Groupings & Agreements Involving India and/or Affecting India’s Interests , Deglobalisation & Protectionism Focus: The WTO faces a crisis of credibility with its dispute settlement mechanism paralyzed, negotiations stalled since the Doha Round, and rising unilateralism …
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