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What India should strive for in trade deals

A trade agreement is like a game of chess

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5 min read Last Updated : Nov 23 2021 | 11:02 PM IST

India decided to enter into trade agreements with key partners like the UK, UAE and Australia and announced an ambitious plan for an early harvest deal by March 2022. These trade agreements are launched at a time when India is coming out of the Covid-19 pandemic-related slowdown and wants to become “Atmanirbhar” and play “a bigger role in the global value chain”.

While India’s ambition matches with that of its major trading partners who want it to be a key player in their supply chains, India’s previous efforts at negotiating trade agreements have often led to a “stalemate” situation after

Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Topics : BS Opinion Trade deals trade agreements trade

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