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Trade Shifts Prompt Calls for Sharper Legal Thinking

Trade Shifts Prompt Calls for Sharper Legal Thinking
Digital Trade Reshapes Global Rules, Commerce Secretary Calls For Sharper Legal Thinking · freepressjournal.in

Trade between countries is changing, especially as digital commerce and sustainability rules become more important.

Commerce Secretary Rajesh Agrawal said these changes require careful legal thinking.

He spoke at an event marking the ninth anniversary of the Centre for Trade and Investment Law.

The centre advises the government on trade law and negotiations.

The ministry says it has given more than 4,000 legal opinions and helped with nearly 10 trade agreements.

Justice P. S. Narasimha said countries need to protect investments while still being able to make rules for the public good.

Yashvir Singh also described the centre’s work on global trade discussions and disputes.

The speakers said legal expertise helps India respond to changing international trade issues.

Key facts

Institution
Centre for Trade and Investment Law (CTIL)
Occasion
CTIL’s ninth anniversary celebration
Legal opinions
More than 4,000, according to the Ministry of Commerce and Industry
Free trade agreements
CTIL participated in negotiations involving nearly 10
Areas of work
Trade negotiations, dispute settlement, legal opinions, WTO work, and economic diplomacy
Investment law issue
Balancing investment protection with governments’ regulatory freedom
Other forums mentioned
G20 and BRICS discussions

Sources

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