New Delhi: developed countries indicate that they are ready to carry out negotiations for proposed Free trade agreements (FTA) Without emphasizing the inclusion of non -commercial issues such as sustainability and climatic obligations, according to sources.
They said that gradually, these countries suggest that “let’s start business first, we will examine the rest of the foreign problems later”.
In the negotiations of free trade agreements, business partners should keep all the options open so that things can move smoothly.
The main countries that put pressure on questions such as sustainability and climate have now become silent, according to one of the sources. India has always maintained problems such as sustainability, work and the environment should be treated in separate forums or international platforms rather than being integrated into trade agreements.
The International Labor Organization (ILO) is there for labor standards and the United Nations Framework Convention on Climate Change (UNFCCC) for environmental issues.
Regions such as the European Union and the United Kingdom have insisted on including such questions in the proposed trade agreements.
In February, Prime Minister Shri Narendra Modi And The president of the European Commission Ursula von der Leyen agreed to conclude an ambitious Indian free trade agreement this year.
In these pacts, two trade partners negotiate to considerably reduce or considerably eliminate import duties on the maximum number of goods exchanged between them.