India has introduced production-linked incentives in 13 sectors to boost manufacturing and exports. - AFP
NEW DELHI (The Straits Times/Asia News Network): India is picking up the pace of negotiations on free trade agreements (FTAs) with select countries and groupings, less than two years after opting out of the Regional Comprehensive Economic Partnership (RCEP), the world's largest trade deal.
Fuelled by the coronavirus pandemic that has upended the economy and concerns of being shut out from global markets, India is fast-tracking negotiations with the the United Arab Emirates, Britain, Australia, Canada and the European Union, said a top official.
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