India races to clinch free trade deals with the United Kingdom, GCC, EU to meet $1t export goal

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  1. > Buoyed by the swift conclusion of free trade deals with the UAE and Australia this year, India has stepped up efforts to clinch similar free trade agreements (FTA) with five other GCC countries, the European Union, Canada, the UK and Israel as the world’s sixth largest economy doubles down on securing its ambitious export target of $1 trillion by 2030.
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    > Early this month, India, the fastest growing major global economy, marked a key milestone of surpassing $1 trillion in its global goods trade as exports grew at the fastest pace since 1989-90 to a record $418 billion, while imports scaled the $610-billion mark, also an all-time high.

  2. Just to remind everyone, India uses 2 men to operate a shovel because the cost of 2 indentured labourers (slaves) is much less than the cost of a shovel.

    Good luck with beating them on price.

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