Trade policies are essential for regulating commerce. They determine tariffs, import quotas, and export restrictions. These policies can influence economic growth and international relations. In India, trade policies have evolved post-independence. They aim to protect domestic industries while promoting exports. The balance between protectionism and free trade is crucial. Effective trade policies can enhance competitiveness in the global market.
The Sustainable Trade Index 2024 reflects the growing emphasis on resilience in global trade. As nations recover from the pandemic, they face challenges such as health crises, climate...
