India Warns against Misuse of Export Measures at SCO Trade Ministers’ Meeting
• India warns against misuse of export-related measures to create artificial scarcity, distort markets, or disrupt supply chains.
• Calls for greater market access and simplified trade facilitation processes to address persistent trade deficits.
• Highlights India’s auto and electronics sector issues due to export restrictions on rare earth magnets and fertilisers by China.
• Warns against unjustified discrimination from trade-linked climate measures.
• Emphasizes coordinated action to enhance trade flows, address vulnerabilities, and support inclusive growth across the region.
• Represents India’s Additional Secretary, Department of Commerce, underlines the need for an open, fair, non-discriminatory multilateral trading system with the World Trade Organization at its core.
India SCO Trade Meeting is important topic for Civil service exam (WBCS).
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