WebinarsNew
Deep DiveNew
Explore Business Standard
India's quality control orders (QCOs) are intended to achieve legitimate public policy objectives, Commerce Secretary Rajesh Agarwal said on Thursday. Speaking at a meeting of the Eighth Trade Policy Review of India at the WTO in Geneva, Agarwal further said that trade remedy investigations are conducted transparently, based on objective evidence, due process and judicial oversight. The remarks come at a time when certain WTO member countries have raised issues about QCOs. India's tariff reforms, customs simplification measures and ambitious Free Trade Agreement (FTA) strategy have steadily strengthened the country's integration with the global economy, Agarwal said. He also said that India is committed to an open, transparent and predictable trade and investment regime. The Trade Policy Review is a key transparency and monitoring mechanism of the WTO under which members' trade and related policies are periodically examined to enhance transparency, strengthen adherence to WTO rule