At the Kautilya Economic Conclave in New Delhi on October 4, 2026, Department of Economic Affairs Secretary Anuradha Thakur urged countries to uphold fair rules for global trade and recognise that economic partnerships can endure through uncertainty. “The hope is that the rules of the game will still play out,” she said, according to Moneycontrol’s report.
What Thakur said about global trade rules
Thakur’s appeal was for predictability and continuity: trade rules should remain a reliable basis for economic relationships even as policy conditions shift. She did not say that every country is currently following those rules or that a specific trade dispute has been settled.
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Moneycontrol reported that she connected confidence in trade rules, the fiscal path of large economies and the durability of partnerships with factors reflected in bond markets. That is the report’s account of her market framing, not a separately established finding about what drives bond prices.
Why tariffs and sanctions are adding uncertainty
Moneycontrol situated the remarks amid changing US tariff measures and the use of trade policy as an economic and strategic tool—developments it said can create uncertainty for exporters and global supply chains. The report also cited a sanctions law authorising possible tariffs of up to 100 percent on imports from countries that continue buying Russian oil and gas. That figure is a reported policy detail; the law was not independently reviewed for this account.
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For businesses and investors, the concern in Thakur’s argument is that shifting policy can make the conditions for cross-border trade and long-term partnerships harder to anticipate. Her remarks were a call for confidence in the rules, not a forecast of how any particular tariff or sanction will affect prices, trade flows or markets.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.How Thakur made the case for India’s credibility
Thakur described India’s credibility as the product of fiscal consistency and discipline, reforms and deregulation. She also pointed to recent free trade agreements as evidence that partnerships can last. These were her stated reasons for viewing India as agile, innovative and resilient; the report supplied no comparative data to measure those claims against other economies.
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The Department of Economic Affairs directory lists Anuradha Thakur as Secretary (EA). Moneycontrol identified the Kautilya Economic Conclave as a New Delhi event running from October 3 to 5, 2026.
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