India’s 8th WTO Trade Policy Review (TPR) – 2026 Context: India’s 8th Trade Policy Review (TPR) commenced on July 21, 2026, at the World Trade Organization (WTO) in Geneva. During the review, India reaffirmed its commitment to a transparent, rules-based, inclusive, and development-oriented multilateral trading system. It reviews India’s trade policies implemented from January 1, 2021, to December 31, 2025. About the World Trade Organization (WTO) Established on January 1, 1995, Successor to the General Agreement on Tariffs and Trade (GATT), 1947. Headquarters: Geneva, Switzerland. Members: 166 (as of 2026). India is a founding member. Objectives of the WTO To promote free, fair, and predictable international trade. To reduce tariff and non-tariff barriers. To provide a rules-based multilateral trading system. To resolve trade disputes between member nations. To enhance transparency in trade policies. To support the integration of developing and least-developed countries (LDCs) into global trade. To raise standards of living, create employment, and promote sustainable development. Highlights of India’s 8th Trade Policy Review During the 2021–2025 period, India recorded an average annual GDP growth of nearly 8%. India's exports reached US$ 863.1 billion in 2025–26. India reaffirmed its commitment to a rules-based multilateral trading system. Emphasis was placed on 'Atmanirbhar Bharat' (Self-Reliant India) while integrating with Global Value Chains (GVCs). Objectives of India's trade policy Promoting exports and economic growth. Strengthening India's participation in global value chains. Facilitating ease of doing business. Enhancing trade facilitation through digital reforms. Building resilient supply chains. Supporting MSMEs and startups. Promoting sustainable and inclusive growth. Advocating for balanced and development-oriented WTO reforms. Current Facts TIRUKKURAL 'Tis energy gives men o'er that they own a true control; They nothing own who own not energy of soul Explanation: Energy makes out the man of property; as for those who are destitute of…
