India accelerates efforts to finalize the free trade agreements with Great Britain and the European Union At the end of the year, because it seeks to protect its economy against the training effects of the American president Donald TrumpThe latest pricing movements.
Analysts claim that New Delhi’s decision to diversify its commercial partnerships reflects a strategic change to reduce dependence on the American market.
Trump announced a high price on global trade partners last week, triggering unrest in the financial markets. On Wednesday, however, he had canceled the course, announcing A 90 -day suspension Tasks for most countries – China in particular excluded.
The suspension includes the 26% rate that Washington had announced on Indian products, although a world reference rate of 10% remains in force.
India had to adopt a measured approach in its negotiations with the UNITED STATESAiming to obtain a trade agreement by September, said TS Vishwanath, principal advisor to the International Consulting Society on the ASL-GEGAL trade.
At the same time, Delhi strives to expand his commercial partnerships to adapt to any potential fallout in American policy changes.
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