Mitigating Non-Tariff Barriers and PM Modi’s Visit to France

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In modern global commerce, standard tariffs have taken a backseat to strict regulations, certifications, and packaging rules, which now impact 90% of global trade. While India’s historical FTA utilization rate sits at a low 25% due to hidden regulatory hurdles in partner countries, newer agreements legally mandate the mutual recognition of laboratory testing. To combat increasingly strict carbon and green mandates in developed economies, which buy 40% of India’s exports, the Commerce Ministry has initiated a program to build a domestic sustainability certification standard. The ministry is currently compiling data on methodologies, traceability requirements, and carbon accounting to ensure Indian export goods seamlessly clear strict EU Deforestation Regulations. On the global diplomatic front, Prime Minister Narendra Modi visited Paris for Viva Tech 2026 to position India as a premier tech and manufacturing hub. During the visit, he held high-level meetings with prominent French CEOs, including Alstom’s Martin Sion for railway expansion, Mistral AI’s Arthur Mensch for human-centric AI ecosystems, CMA CGM’s Rodolphe Saade for shipping optimization, and Saint-Gobain’s Benoit Bazin for sustainable construction.

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