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Big trade wins for India as PM Modi attends G7 meet: UK deal date, EU FTA by year-end | Full list
Hindustan Times • • world
Key Points:
- At the G7 meeting in France, India finalized the implementation date for the India-UK Comprehensive Economic and Trade Agreement, set to take effect from July 15, aiming to boost bilateral trade and investment.
- India and Canada expressed satisfaction with progress on their Comprehensive Economic Partnership Agreement (CEPA) negotiations, targeting conclusion by 2026.
- The European Union plans to formally sign a landmark free trade agreement with India by the end of 2024, intended to enhance two-way trade and reduce dependence on US resources.
- US President Donald Trump announced that the US and India are close to finalizing a long-awaited trade deal, marking improved relations after previous tariff disputes.
- PM Modi highlighted that the India-UK trade deal will create opportunities for farmers, workers, MSMEs, startups, and innovators, contributing to the vision of Viksit Bharat 2047.
