New Delhi, July 25 -- India's recent trade deals with UAE, Switzerland, and now with United Kingdom marks a significant shift in its approach to free trade agreements (FTAs) as India is gradually opening up sensitive areas that were earlier off-limits, according to a report by Global Trade Research Initiative (GTRI).
The report highlighted that these areas are government procurement, intellectual property rights, automobile, data and services.
The UK agreement is particularly notable because it pushes past long-standing red lines that India had maintained on domestic regulation and policy space. As India continues to negotiate with countries like the US and EU, these changes could set important precedents.
GTRI said "India's recent tra...
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