India Urged to Expedite Trade Talks and FTAs with US
EAC-PM Chairman S Mahendra Dev urged India to diversify exports, speed up free trade agreements, and continue negotiations with the US. He emphasized the need for stronger export growth and more medium-sized manufacturing units to boost India's share in global merchandise trade and ensure sustained economic expansion.
EAC-PM Chairman S Mahendra Dev has called on India to diversify its exports and accelerate the process of signing free trade agreements, particularly with the United States. He highlighted the importance of increasing India's share in global merchandise trade and stressed that robust export growth and the development of more medium-sized manufacturing units are essential for sustained economic expansion. Dev's recommendations come at a time when India is at an advanced stage of trade talks with both the US and the European Union, and when Indian goods face significant tariffs in the US market. His advice underscores the need for India to strengthen its position as a reliable economic partner and to leverage trade deals for broader economic benefits.
