ARTICLES

HIGHLIGHTS

Rebuilding Confidence in Global Trade Governance

    As 2025 draws to a close, global trade debates are intensifying amid rising tariffs, unilateral measures, and growing strain on the WTO. Despite these pressures, multilateralism has not collapsed. With MC14 scheduled for March 2026 in Yaoundé, attention is shifting toward stabilising the system through a focused and realistic reform agenda. Middle economies are playing a more active role, advancing initiatives such as the CPTPP, FIT-P, reinforcing that most global trade still operates under multilateral rules. Regionally, ASEAN continues to support multilateralism, while SAARC remains stalled by geopolitical tensions. At the same time, new partnerships, including a proposed India–Qatar FTA, highlight evolving trade priorities. India’s simultaneous engagement with the EU, Russia, and Afghanistan underscores its growing role in shaping a resilient and credible global trading system.

Contact Us

  • CUTS Centre for International Trade, Economics & Environment (CUTS CITEE)
  • D–217, Bhaskar Marg, Bani Park Jaipur 302 016, India
    Phone : +91.141.2282821
    Fax : +91.141.2282485
    Email : citee@cuts.org