The advent of the COVID-19 pandemic and its continued presence urged countries to turn inward and primarily safeguard national interests and impose immediate export and import controls through non-tariff measures. Going forward, as economies recover, such international trade policy approaches needs to be deeply scrutinized and further streamlined. Non-tariff measures...
Non-tariff measures have been on a consistent rise across the world, leading to significant costs for exporters. Easing them will be even more critical now to ensure a quicker post-COVID recovery. • From 1995 till date there has been definitely a significant reduction in import tariff rates across most of...
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