{
SAFTA

Companies

}
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001122334455554433221100

India seeks enhanced trade agreements to leverage global manufacturing shifts

India requires a range of bilateral trade agreements to enhance market access and leverage the 'China plus one' strategy in global manufacturing, as highlighted in the Reserve Bank of India's November bulletin. The urgency lies in standardizing negotiations to tackle rules of origin and non-tariff barriers. Over the past five years, imports from FTA partners surged by 37.9%, while exports only rose by 14.5%, indicating a need for a more effective trade approach.
Moneycontrol
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16:22 20.11.2024
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