India was the largest exporter to Bangladesh initially, but has been replaced by China over the years. Both Bangladesh and India need to work on collaborative mechanisms to boost their trade relations in potential sectors like automobiles, pharma, food and agri, textiles, technology, medical services and education. Â India was the...
Dr Sunitha Raju, Professor at Indian Institute of Foreign trade feels that the upcoming Foreign Trade Policy should address structural constraints of India’s huge informal sector. Also, it should prepare exporters for quantum shifts in the global trade environment towards sustainable development goals, rising non-tariff measures as well as technologies...
While developed countries have traditionally been stringent on maximum residue limit or MRL norms, the same are now being adopted in bits and pieces by some developing countries. This is leading to stoppage in shipments and general panic among the exporting community. In the long term, it can cause serious...
Dr Sunitha Raju, IIFT, explains why India has high potential to improve trade post-COVID, given prospects of faster recovery in advanced economies and high income elasticity of its exports. Moreover, India has the singular advantage of a large domestic market as compared to other developing economies, which can be leveraged...
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