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FOUR CHALLENGES THAT DEMAND ATTENTION IN INDIA’S FTAs Why in the News? India–Oman Comprehensive Economic Partnership Agreement (CEPA) came into effect on 1 June, expanding India’s network of Free Trade Agreements (FTAs) and enhancing international trade opportunities. India currently has 15 FTAs covering 27 countries, while 9 additional trade agreements with 42 countries are under …
Read MoreHow India’s FTAs May Impact Farm Trade and Tiger Conservation Why in the News? India is negotiating Free Trade Agreements (FTAs) with the US, UK, and EU, which may lead to tariff cuts and increased market access for foreign agricultural products, potentially reshaping India’s agricultural export-import dynamics and trade surplus. This could have implications for …
Read MoreWhy in the news? The Commerce Ministry led by Secretary Sunil Barthwal strategized on negotiating FTAs with the UK, EU, and widening the deal with Australia. The focus was on preventing resource strain and overtraining while effectively managing negotiations. Experts emphasized the need for a dedicated chapter on Critical Minerals and interdisciplinary expertise in negotiations. …
Read MoreWhy in the news? Piyush Goyal emphasises negotiating FTAs on India’s terms. Plans local development initiatives and improving public education. source:slideserve About the Negotiating FTAs: Piyush Goyal emphasises negotiating FTAs on India’s terms, leveraging the country’s growing economy. Highlights the importance of long-term sustainability and protecting domestic interests. Stresses the need for transparency and balancing …
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