š¤ India-EU Trade Deal Gains Momentum, ASEAN Pact Faces Hurdles
India is making strong progress in finalizing its Free Trade Agreement (FTA) with the European Union, marking a major step in strengthening economic ties with one of the worldās largest trading blocs.
Industry experts are actively working through the finer details of the EU deal, aiming to meet the upcoming deadlines. Meanwhile, discussions on an India-US trade agreement are also underway with positive intent.
However, when it comes to the ASEAN-India trade pact, the progress is slower. Key concerns around services exports, digital trade, and people-to-people movementāespecially in the software and IT sectorāare areas where more alignment is needed.
Indiaās ability to balance relationships across regions will be key to unlocking trade potential and driving long-term economic growth.
š A future-ready trade strategy isnāt just about tariffsāitās about tech, talent, and trust.
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