How has India's engagement in international affairs evolved in recent years, particularly in terms of trade policies
Discuss the shifts in India's international trade relations and the impact on its economy.
- India has shifted towards a more assertive stance in international affairs, aiming to strengthen its position in global trade.
- There has been a focus on diversifying trade partners to reduce dependency on traditional markets.
- The signing of trade agreements with countries like Japan, Australia, and the European Union has opened up new opportunities for Indian businesses.
- India's participation in multilateral trade agreements like the Regional Comprehensive Economic Partnership (RCEP) and the Comprehensive Economic Cooperation Agreement (CECA) has boosted its global trade presence.
- These shifts have helped India enhance its export competitiveness, attract foreign investments, and drive economic growth.
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4 months ago