The tweak in stance is for ‘strategically important countries’ with which India is seeking closer economic integration after exiting the Regional Comprehensive Economic Partnership, a China-led mega trade deal.
India and European Free Trade Association states – Iceland, Liechtenstein, Norway, and Switzerland - are negotiating a Trade and Economic Partnership Agreement with a view to boosting economic ties between the two regions
told the guardian that labour, the labour party s ideological closeness to the democrats, puts the party in an ideal position to sign trade deals with the us should both parties win their elections next year. so i have to ask you first, congressman lahood, a republican, what do you think of that? well, i serve on the ways and means committee, which has jurisdiction over trade. i serve on the trade subcommittee. if you look at what we did in usmca about three years ago, where we did a trade agreement with mexico and canada, bipartisan agreement, had broad support in the congress, and it s working fairly well right now. if you look at those 28 chapters, we ought to be able to plug in the uk on there. it makes complete sense to do that. you know, and there have been differences in the past as it relates to agriculture here in the uk. we ve talked to our colleagues here about that. from my perspective, there s no reason why we shouldn t have a free trade agreement with the uk. i agree. i t
India has signed 13 free trade agreements with countries like Japan, Korea, and the UAE and six preferential pacts so far with its trading partners for ensuring greater market access for domestic goods and promoting exports.