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.
COP29 talks on fossil fuel transition faced near collapse due to opposition from Saudi Arabia and some developing nations, prompting the presidency to intervene. Despite setbacks, countries emphasized the need for strong emission-cutting measures and financing for energy transitions, with consultations led by Norway and South Africa set to conclude soon.
Saudi Arabia is enhancing its medical tourism sector through strategic partnerships, including recent agreements with Morocco and Thailand aimed at improving healthcare collaboration. Despite these initiatives and infrastructure improvements targeting 150 million arrivals by 2030, the country is expected to fall behind established markets like Thailand, the UAE, and Malaysia, which offer more specialized treatments and better-developed facilities.
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