Global wars are delaying FTA talks, accounting for one-fifth of India’s trade
Ongoing global conflicts are delaying negotiations for three significant Free Trade Agreements (FTAs) that India is pursuing, which together represent about 20% of the country's total trade. These FTAs involve the Gulf Cooperation Council (GCC), Israel, and the Russia-led Eurasian Economic Union, highlighting the impact of geopolitical tensions on economic agreements. The delays could hinder India's trade expansion efforts and economic growth prospects.