India bats for fair trade

India cautioned that export-related measures should not be weaponised or misused to create artificial scarcity, distort markets, or disrupt supply chains, and emphasised that their calibrated and transparent use is essential to maintain trust

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India has cautioned against weaponising export-related measures or misusing them to create artificial scarcity, distort markets, or disrupt supply chains at an SCO meeting, an official statement said Sunday.

At the SCO (Shanghai Cooperation Organisation) Trade Ministers’ Meeting in Vladivostok September 6, India said that calibrated and transparent use of these steps is essential to maintain trust in international commerce.

India has also called for addressing persistent trade deficits by ensuring greater market access and simplifying processes for trade facilitation.