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3 months ago General
#WATCH | India is rapidly emerging as a trusted global trade partner through an expanding network of free trade agreements with both major economies and developing nations. Recent agreements with the UAE, Australia, the UK, Oman, EFTA nations, and the European Union are expected to boost sectors such as textiles, pharmaceuticals, engineering, gems and jewellery, MSMEs, agriculture, IT, healthcare, and food processing.
The India-EU and India-UK agreements are being viewed as major milestones in India’s trade diplomacy, offering wider market access and greater export opportunities for Indian industries. At the same time, India has ensured protection for sensitive domestic sectors, including dairy, grains, pulses, and millets, safeguarding the interests of farmers and local industries.
India’s expanding trade partnerships across the US, Europe, Asia, the Gulf, Africa, and Oceania are increasingly being seen as a reflection of the country’s growing strategic influence and inclusive economic growth model.
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