New European trade pact marks a milestone for India

Agreement provides model for aligning trade and foreign direct investment

20240429 India gold

Gold represents three-quarters of India's imports from European Free Trade Association nations. © Reuters

Puneet Kumar Arora is an assistant professor of economics at the Delhi Technological University. Jaydeep Mukherjee is a professor of economics at the Indian Institute of Foreign Trade in New Delhi.

On the surface, the free trade agreement India reached last month with a group of four central and northern European countries might not seem like a big deal.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.