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EconomyPIB23 July 2026
India Concludes Eighth Trade Policy Review at WTO in Geneva
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๐ Summary:
- India concluded the second and final session of its Eighth Trade Policy Review (TPR) at the WTO, Geneva (sessions held 21 and 23 July 2026)
- The TPR is the WTO's key transparency and monitoring mechanism under which members' trade policies are periodically examined
- India's delegation was led by Commerce Secretary Rajesh Agarwal; India received 1,094 written questions from 44 members, and 68 members intervened during the review
- India defended its agricultural tariff structure (protecting millions of small, low-income farmers) and industrial tariffs (supply-chain resilience, diversification, domestic manufacturing)
- Members praised India's Digital Public Infrastructure, customs/trade-facilitation modernisation, MSME integration and startups, and welcomed India's acceptance of the WTO Agreement on Fisheries Subsidies
- India reiterated that WTO reform must remain development-oriented and preserve policy space for developing countries; it applies the Lesser Duty Rule in its anti-dumping framework
๐ฏ UPSC Relevance: GS2 International Relations & GS3 Economy โ the multilateral trading system, WTO transparency mechanisms, and India's tariff and FTA strategy.
๐ Prelims Facts:
- TPR = Trade Policy Review; this was India's Eighth; WTO is headquartered in Geneva
- India received 1,094 written questions from 44 members; 68 members intervened
- India accepted the WTO Agreement on Fisheries Subsidies; applies the Lesser Duty Rule in anti-dumping
๐ Key Term: Trade Policy Review (TPR) โ a periodic peer review of a WTO member's trade and related policies to enhance transparency and rule adherence.
WTOTrade Policy ReviewtariffsFisheries SubsidiesGeneva
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