India’s Strategic Expansion through Free Trade Agreements: A Comprehensive Overview
In a significant boost to its global trade and economic ties, India has marked a substantial increase in its international trade agreements portfolio. Since 2014, the nation has inked 14 free trade agreements (FTAs) and six preferential trade agreements (PTAs), including a noteworthy pact with the European Free Trade Association (EFTA) comprising Iceland, Liechtenstein, Norway, and Switzerland. This strategic move is aimed at bolstering exports, ensuring wider market access for Indian goods and services, and enhancing economic cooperation with numerous countries worldwide.
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