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INDIA–NEW ZEALAND FREE TRADE AGREEMENT Why in the News? Major trade pact: India and New Zealand signed a Free Trade Agreement (FTA) aimed at boosting trade, investment and mobility. Historic milestone: Agreement termed “historic” and among the fastest negotiated FTAs by India, with talks concluded within 2025. Key features of the FTA Tariff liberalisation: New …
Read MoreSHIFTING GLOBAL TRADE ARCHITECTURE AND INDIA’S STRATEGIC RESPONSE Syllabus: GS 3: Growth and development Effects of liberalization on Economy Why in the News? India recently signed major trade agreements, including the India–EU Free Trade Agreement and a tariff deal with the United States, reflecting both economic opportunity and the breakdown of the traditional global trade …
Read MoreIndia’s Roadmap to Counter Rising US Tariffs in the Apparel Export Market Syllabus: GS-2: Bilateral Groupings & Agreements, Effect of Policies & Politics of Countries on India’s Interests, Indian Diaspora, Groupings & Agreements Involving India and/or Affecting India’s Interests Why in the News? Effective August 1, the US has hiked tariffs on Indian garment exports …
Read MoreSTEERING THE INDIAN ECONOMY AMIDST GLOBAL TROUBLES Syllabus: GS-3: ● Indian Economy ● Issues related to development Why in the News? The global economy faces a transformative phase marked by trade wars, tariff revisions, and geopolitical tensions. India must strategize to navigate uncertainties and leverage opportunities to secure growth and resilience in this evolving landscape, …
Read MoreIndia Reassesses US Market Strategy Amid China Tariffs: Implications for Indian Politics and Economy Why in the News? The US’s fresh tariff tweak on Chinese imports, including a proposed 55% levy, is prompting Indian policymakers to recalculate India’s export competitiveness. With India negotiating lower tariffs and China leveraging rare earth dominance, trade dynamics are rapidly …
Read MoreSyllabus: GS-3- Free and Fair Trade , WTO , Implications and Challenges for India , Related Solutions Focus : The article focuses on India’s counterproductive trade policy barriers, particularly high tariffs on electronic components and textiles, and the need for a strategic overhaul. It highlights the Confederation of Indian Industry’s recommendations for reducing tariffs, encouraging …
Read MoreSyllabus: GS-2- Trade and Commerce with countries, FTA , Autonomy and its impact on economy and society Focus : The article discusses India’s strategic shift towards incorporating sustainability in its trade agreements, highlighted by the recent trade and economic partnership agreement with the European Free Trade Association (EFTA). It underscores the need for India to …
Read MoreSyllabus: GS-3- India -EU trade opportunities , Diversification in trade ,WTO rules Focus : The article discusses the significant impact of new EU supply chain laws on Indian businesses, emphasizing the need for compliance to sustain and grow trade. It highlights key legislative changes, including deforestation regulation, corporate sustainability due diligence, and forced labor regulation, …
Read MoreSyllabus: GS 2: Government Policies and Interventions for Development in various sectors GS 3: Indian Economy and issues relating to Planning, Mobilization of Resources, Growth, Development and Employment. Focus: The recent trade agreement between India and the European Free Trade Association (EFTA) marks a significant milestone in India’s trade relations. While negotiations with other countries …
Read MoreWhy in the news? Government tightens anti-dumping measures, levying duties on goods primarily from China, amid concerns over unfair trade practices. About the Government’s Measures Against Dumping: Over one-third of anti-dumping duties levied targeted goods produced solely or by only two producers since FY22. Notable increase in anti-dumping duties imposed on goods originating solely from …
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