FTAs can de-risk India's exports, boost predictability for global investors: Commerce Secy Rajesh Agrawal
India, Sept. 24 -- By Sahil Pandey
New Delhi [India], September 24 (ANI): India's expanding network of free trade agreements (FTAs) can help de-risk export supply chains by enabling Indian exporters to diversify across multiple markets, while predictable tariffs and processes can make the country more attractive for global supply-chain investments, Commerce Secretary Rajesh Agrawal said on Thursday.
Agrawal said the changing global trade environment, including geopolitical disruptions and lessons from the COVID-19 pandemic, has made resilience and diversification increasingly important alongside the traditional consideration of comparative advantage.
"Exports, because they are looking at a market which is distant from you, always look ...
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