The Seventh Trade Policy Review of India in WTO is scheduled to take place on 15 and 17 September,2020.  Interaction with WTO Secretariat on information sharing on key economic and trade policies has already begun.

The Secretariat Report of Sixth Trade Policy Review of India envisaged India to be a significant participant in international trade with enhanced share in global exports from 2% to 3.5% by 2020.  As per WTO estimates, India’s share in 2018 of merchandise trade was 1.67% and that of services trade was 3.54%.

This information was given by the Minister of Commerce and Industry, Piyush Goyal, in a written reply in the Rajya Sabha today.

Trade Policy Review set to proceed with Secretariat engagement, reiterating projections of increased export share and updated trade data. Seventh Trade Policy Review of India at the WTO is scheduled for September 2020, with preparatory information sharing interactions between India and the WTO Secretariat already underway; the Secretariat had envisaged an increased export share by 2020, and WTO estimates cited in a parliamentary reply record India's 2018 merchandise and services trade positions.