ENA Sectors 2024-02-07 17:21:10 <p><span style="font-size:14px"><strong>New Delhi, Feb 7 (KNN)</strong> The government has established a task force under the Department of Commerce to address non-tariff barriers in trade, as informed to Parliament on Wednesday.</span></p> <p><span style="font-size:14px">Commerce and Industry Minister Piyush Goyal stated that the task force aims to identify, categorise, and devise tailored strategies to resolve these non-tariff barriers effectively.</span></p> <p><span style="font-size:14px">He emphasised the continuous effort required to eliminate trade barriers and ensure increased market access.</span></p> <p><span style="font-size:14px">Additionally, Goyal highlighted India's engagement in regulatory cooperation to advocate for favourable and consistent global rules governing regulatory structures.</span></p> <p><span style="font-size:14px">Regarding trade with Pakistan, Goyal noted that Pakistan suspended bilateral trade with India in August 2019, except for therapeutic products. He asserted that the responsibility for resuming bilateral trade lies with the Government of Pakistan.</span></p> <p><span style="font-size:14px">These barriers encompass requirements such as prior registration in the exporting country, complex testing and certification criteria, and unreasonable domestic standards.</span></p> <p><span style="font-size:14px">Various countries implement diverse regulatory measures to ensure product safety and quality within their territories, affecting both domestic manufacturers and importers.</span></p> <p><span style="font-size:14px">However, these measures can occasionally hinder trade due to gaps in regulatory frameworks, lack of transparency, or differing interpretations of rules.</span></p> <p><span style="font-size:14px"><em><strong>(KNN Bureau)</strong></em></span></p> 36601 https://knnindia.co.in/news/newsdetails/sectors/govt-establishes-task-force-to-address-non-tariff-barriers-in-trade 2024-02-07 17:21:10 knnindia.co.in