India – UAE Free Trade Agreement
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India’s new approach to FTA negotiations.Context
An India – UAE free trade agreement.The new approach of FTA negotiations
- India has embarked on a new journey — a new free trade agreement (FTA) journey to be precise — with renewed zeal and vigour.
- India’s approach towards FTAs is now focusing more on gaining meaningful market access and facilitating the Indian industry’s integration into global value chains.
- India would no longer be signing trade agreements just to join a group, but the new approach of FTA negotiations would respond to the need for new emerging dynamics in international trade and the Indian economy.
- Under the revamped FTA strategy, the Government of India has prioritized at least six countries or regions to deal with, in which the United Arab Emirates
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