With 88% trade deficit rise, India embarks on FTA overdrive

With 88% trade deficit rise, India embarks on FTA overdrive
Trade March UK Prime Minister Boris Johnson’s visit to India kindled hopes of an FTA between the two countries.<br />
Following a meeting with Prime Minister Narendra Modi, India and the UK have set an ambitious target of concluding a “comprehensive and balanced” FTA by Diwali this year to double bilateral trade by 2030.
Press Information Bureau

India has been furiously negotiating deals ever since the RCEP came into force earlier this year. Initial rounds of negotiations on FTA and other trade policies with several countries should hopefully ensure a handful of agreements by 2024. A texfash.com report.