Topic
trade restrictions
India Imposes Six-Month Import Restrictions on Suspension Grade PVC Resin Below $0.766/kg
The Indian Directorate General of Foreign Trade has restricted imports of suspension grade PVC resin with a CIF value of $0.766 per kilogram or less for six months, with exceptions for 100% Export Oriented Units, SEZ units, and imports under the Advance Authorisation Scheme. The move follows an anti-dumping investigation by the Directorate General of Trade Remedies (DGTR) initiated after a complaint by domestic manufacturers Chemplast Cuddalore Private Limited, DCM Shriram Limited, and DCW Limited, alleging dumping from seven countries.
Trade WTO Urges India to Cut Reliance on Trade-Restrictive Measures, New Delhi Flags Global Non-Tariff Barriers
The WTO's 8th Trade Policy Review for India urges New Delhi to reduce reliance on high tariffs, import/export controls, and state trading enterprises. India counters by flagging rising non-tariff measures by trading partners that constrain its market access. The TPR meeting is scheduled for July 21 and 23.
Commodities India’s Silver Imports Plunge 87% in May After Government Curbs Bite
India's silver imports fell 87% year-on-year in May 2026 to $75.57 million and 33 metric tons, the lowest in over three years, as the government tightened import curbs on nearly all forms of silver. The restrictions, including a duty hike to 15%, aim to reduce pressure on foreign exchange reserves. Lower imports by the world's largest silver consumer could weigh on global prices and narrow India's trade deficit.
Trade China Rejects Indian Red Chilli Cargoes Over Pesticide Residues, Suspends Three Exporters
China has rejected at least three consignments of Indian dried red chillies and suspended three Indian exporters over traces of methamidophos, a pesticide residue. The move follows similar rejections of Indian rice and signals heightened scrutiny on food safety. India's chilli exports to China grew 31% in 2024-25 to 2.36 lakh tonnes, according to The Hindu Business Line.