[ad_1] “The agreement text will be publicly released only after this phase is completed,” one of the officials said. “Both sides will review each chapter, and the FTA will not take immediate effect due to procedural formalities.” Legal vetting or ‘scrubbing’ is the final review of a trade agreement’s text to ensure legal clarity, consistency,…
[ad_1] Milan: India accords a high priority to the free trade agreement (FTA) with the European Union (EU), and a deal is achievable by the year-end given the shared urgency, finance minister Nirmala Sitharaman said on Tuesday. Speaking at a conference on ‘cross border collaboration for future resilience’ on the sidelines of the Asian Development…
[ad_1] US President Donald Trump is showing America’s trading partners no mercy. If they export a lot to the US, it will tariff them back—by half. The ‘reciprocal’ rates are especially harsh on several developing countries, with Vietnam, India, Thailand and Bangladesh all facing barriers of well over 20%. The costs won’t be felt equally….
[ad_1] The conventional economic case for globalization and free trade has emphasized the aggregate gains that they bring, including enhanced productivity, faster technological change and wider consumer choice. However, a critical aspect often overlooked is that globalization inevitably creates both winners and losers in the short term, even though its long-term effects are broadly positive…
[ad_1] The US-India economic partnership is the envy of many. But our joint mission of achieving $500 billion in bilateral trade by 2030 stands on shaky ground. US President Donald Trump’s reciprocal tariff policy, due to come into effect on 2 April, has upset global markets and will strain our trade relations. India must keep…
[ad_1] To be sure, progress on India’s FTA with the European Union has not been insubstantial. Both sides have committed themselves to signing it by the end of this calendar year. When it happens, it will be the world’s largest deal of its kind. A trade pact between both sides will not just strengthen our…
[ad_1] Donald Trump has hinted at including Elon Musk in his cabinet should he win the presidential race. “He’s a very smart guy. I certainly would, if he would do it,” the Republican candidate told Reuters when asked of such a possibility. Musk’s post on X later suggested he is game. “I am willing to…
