May 19, 2024
Why India made a U-turn on free trade deals

Why India made a U-turn on free trade deals

According to NITI Aayog, the public policy think tank of India, while bilateral trade with partner countries like Japan, South Korea and the ASEAN region increased following the signing of trade deals, imports rose more sharply than exports, leading to “unfavourable gains” to India’s trade partners.

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