The pandemic has evolved both as a challenge and an opportunity for India’s trade in medical products. The rising global demand for Indian COVID-19 vaccines may further give a boost to the sector. Nonetheless, it is also desirable for India to diversify its export destinations and export baskets so that...
The WTO has slightly improved its forecast for global trade to a decline by 9.2% YoY, led by increased trade in medical and COVID-19 products as well as lifting of lockdowns. However, the recovery could be derailed by a second wave of infections and possible spreading of protectionist tendencies. Furthermore...
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