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Being cautious about trade deals, pressing for reviews
Hindustan Times
|December 06, 2024
We feel that FTA should not become damaging to the Indian economy
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India has been pressing the Association of Southeast Asian Nations (Asean) for the review of the Asean-India Trade in Goods Agreement because of concerns about its impact on the development of domestic manufacturing, external affairs minister S Jaishankar said on Thursday.
The Modi government has been "very cautious" on free trade agreements (FTAs) because of the experiences and results of past trade deals and concerns about the impact of such agreements on MSMEs, Jaishankar told an event organised by the Associated Chambers of Commerce & Industry of India (Assocham).
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