Union Minister Piyush Goyal knowledgeable the Lok Sabha that a task force has been set up to establish, categorise and develop tailor-made methods to resolve non-tariff limitations. File
| Photo Credit: ANI
The Government has set up a task force underneath the Department of Commerce to establish, categorise and develop tailor-made methods for the decision of non-tariff limitations, the Parliament was knowledgeable on Feb 5.
Such limitations embody prior registration necessities within the exporting nation, cumbersome testing and certification necessities and unreasonable home requirements/guidelines.
Different international locations implement numerous regulatory measures to guarantee the protection and high quality of the merchandise positioned of their territory. These measures apply equally to home producers and importers. However, such measures might generally act as commerce limitations due to numerous causes like gaps within the regulatory frameworks and high quality compliance necessities of the commerce companions, lack of transparency, arbitrariness or differing interpretation of the foundations, and improper implementation.
“Taking cognizance of the challenges involved in mapping the trade barriers, and to give increased focus, a task force has been set up under Department of Commerce, to identify, categorise and develop tailored strategies for resolution of these identified non-tariff barriers,” Commerce and Industry Minister Piyush Goyal mentioned in a written reply to the Lok Sabha.
The decision of commerce limitations, together with guaranteeing elevated and efficient market entry, is a steady course of and endeavour.
He mentioned India additionally engages in regulatory cooperation to assist be certain that world guidelines governing the regulatory buildings are beneficial and constant.
Trading with Pakistan
Replying to one other query on commerce with Pakistan, the Minister mentioned that in August 2019, Pakistan took a variety of measures to downgrade the bilateral relations with India.
“One of the decisions was to unilaterally suspend the bilateral trade with India. However, export of only therapeutic products has been allowed,” Mr. Goyal mentioned, including that usually, the Atari-Wagah border and Karachi Port are the 2 main commerce routes between the international locations. “The onus of resumption of bilateral trade lies with the Government of Pakistan,” he famous.
