Two sides also announce signing of a Security & Defence Partnership, launch negotiations for an intelligence sharing agreement & explore India’s addition to Horizon Europe programme.
India and Russia, as a part of Eurasian Economic Union (EAEU), are set to hold the 2nd round of negotiations on a trade deal next month after the Union Budget.
The year began with two major trade announcements—opening of negotiations for “first tranche” of a bilateral trade agreement with the US following PM Modi’s visit to Washington.
In a global environment where trade negotiations are increasingly shaped by domestic sensitivities and geopolitical caution, the pace of India-New Zealand FTA is analytically significant.
It’s India’s 3rd FTA with a Five-Eyes alliance member in the last 4 years. It is also the 3rd trade deal announced by New Delhi this year, after agreements with the UK & Oman.
Deal expected to be operational within 3 months and allow Indian importers to ‘replace’ imports from Turkey and source ‘better-priced’ blocks from Oman, Minister Piyush Goyal said.
Cosmetics, skincare brands set to benefit as UK pushes for fewer clearances. ‘We're excited to showcase best of UK innovation to one of world’s fastest-growing beauty markets’.
Coming in the midst of the stalled India-US trade negotiations, Anna Shotbolt tells ThePrint that the UK recognises Indian sensitivities on agriculture and dairy.
While the Russia-Ukraine war saw the BJP projecting PM Modi as a ‘vishwaguru’ who could end international conflicts, the party has made a nuanced shift in its electoral strategy vis-à-vis the West Asia war.
Report on impact of AI emergence—drawing upon depositions from several ministries—confirms that the developments come in the absence of AI laws or considerations over them.
It’s easy to understand why the government can’t speak the hard truth. When this war ends, as all wars do, India’s interests will lie with both the winner and the loser.
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