To The Point Debate: Experts Discuss Impact Of India-EU Trade Deal On Consumers And Global Diplomacy

Описание: On this news bulletin, a panel of experts discusses the landmark trade agreement between India and the European Union. Siddharth Zarabi, Group Editor of Business Today, describes the deal as 'the single most important trade deal and associated agreements that India has ever signed since 1991', comparing its significance to the 1991 economic reforms. The discussion highlights potential benefits for Indian consumers, including greater choice and possible price reductions in sectors like automobiles, textiles, and luxury goods by 2027. Former diplomat Rajiv Dogra notes the diplomatic optics of the deal, contrasting the warm reception of EU leaders in New Delhi with their previous experiences in China. Jayant Krishna, former CEO of NSDC, emphasizes that the agreement provides market access to nearly 2 billion people and will deepen investment ties in manufacturing, pharmaceuticals, and clean energy. While the panel remains optimistic about the strategic partnership, they note that the full economic impact will take several months to materialize as formalities are completed.

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