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Written by mukesh jagota
While the government is considering more free trade agreements that address tariff walls, the post-pandemic proliferation of non-tariff barriers (NTBs) are threatening to undo the trade liberalisation plans.
NTBs have come in the form of quotas, embargoes or technical regulations, standards and conformity assessment procedures that are used to ensure safety, quality and performance of goods.
Non-tariff barriers stymie India’s efforts to boost global trade comes via ChinaTechNews.com.