CatalystGeopolitics
NON - TARIFF BARRIERS BIGGEST HURDLE IN INDIA - CHINA TRADE : FM NIRMALA SITHARAMAN
Non-tariff barriers cited by FM Sitharaman as biggest hurdle in India-China trade.
Context
What happened: Finance Minister Nirmala Sitharaman said non-tariff barriers are the biggest hurdle in India-China trade, speaking at an Atlantic Council session during the World Bank-IMF Annual Meetings in Bangkok.
Key numbers: No figures given.
Why it matters: She said India's trade imbalance with China is growing and that India prefers dialogue over retaliatory tariffs. She also said India hopes the US trade agreement is concluded soon.
Coverage: 4 outlets in 24h
What changed
Finance Minister Nirmala Sitharaman said non-tariff barriers are the biggest hurdle in India-China trade, speaking at an Atlantic Council session during the World Bank-IMF Annual Meetings in Bangkok.
Why it matters
She said India's trade imbalance with China is growing and that India prefers dialogue over retaliatory tariffs. She also said India hopes the US trade agreement is concluded soon.