
G20 trade ministers: India rejects “excess capacity” tag, calls for WTO-consistent remedies
At the G20 Trade Ministers' Meeting in Milwaukee, USA, concluding on 2 October 2026, India said it has no structural excess capacity in the sectors named by the G20 Presidency. It argued that trade distortions should be handled through WTO-consistent anti-dumping and countervailing duties, backed MFN and consensus, and wanted the two-tier dispute settlement system restored.
UPSC angle: Prelims: MFN; anti-dumping vs countervailing duty. · Mains: Is the MFN principle under threat?
2 Oct 2026


