In 2019, EU accused India of violating trade agreements. On its part, India, which took 3 yrs to notice an error in its tariff schedule, argued that its commitments were invalid.
In 2019, EU challenged India's introduction of import duties of between 7.5% and 20% for wide range of IT products. Japan and Taiwan filed similar complaints that same year.
It’s a geopolitical game changer. US, now, has primacy over oil-producing allies and adversaries alike — whether it’s Saudi Arabia or Iran, Nigeria or Russia.
The latest comment comes as New Delhi and Washington have yet to sign a trade agreement. India’s purchase of Russian oil has reduced, but Moscow remains top source for crude.
If deal goes through, Greece will be 2nd foreign country to procure vehicle. Morocco was first; TATA Group has set up manufacturing unit there with minimum 30 percent indigenous content.
Many of you might think I got something so wrong in National Interest pieces written this year. I might disagree! But some deserve a Mea Culpa. I’d deal with the most recent this week.
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