Adopt a strategic posture on trade

The fact is that India's mood on tra­de, particularly imports, has sou­red over the last five or six years

Topics
India-China border dispute | imports | World Trade Organization

Dhiraj Nayyar 

Dhiraj Nayyar

It is almost certain that the government of India will respond to China’s aggression on the Line of Actual Control by making it harder for China to export goods to India.

The very one-sided India-China trade relationship has been flagged as a concern at various points in the last decade, but never brought into focus quite as sharply as now. While it is true that any ac­tion via tariffs, safeguards or non-tariff barriers will only hurt China to a limited extend — its exports to In­dia are around 3 per cent of its total exports — it will provide breathing space to ...

First Published: Wed, July 01 2020. 23:04 IST