Publication: Economic Times
The India-EU Free Trade Agreement aims to liberalize tariffs on over 90-95% of traded goods, fostering growth and positioning India for a true “China+1” strategy. This landmark pact, described as the “mother of all deals,” deepens cooperation across various sectors and reshapes global supply chains, offering significant upsides for trade, business, and economic resilience between the two allies.
The India-EU FTA unlocks a significant next phase of growth by targeting tariff liberalisation across over 90-95 per cent of traded goods over time while at the same time India can have a path towards China+1 in its true sense, logistics operator Allcargo Group Founder and Chairman Shashi Kiran Shetty said on Tuesday.