Campus Prep Plan
Summary India and New Zealand have concluded a Free Trade Agreement granting zero-duty access to all Indian exports to New Zealand. The pact focuses on expanding trade in pharmaceuticals, textiles, engineering goods, and services while protecting sensitive Indian sectors like dairy. India currently runs a small trade surplus with New Zealand, not a deficit. The […]
Campus Prep Plan
Summary India and Oman have signed a Comprehensive Economic Partnership Agreement (CEPA) covering goods, services, and investment. Oman will provide near zero-duty access for most Indian exports, improving India’s price competitiveness. India’s trade deficit with Oman is likely to narrow modestly over time, driven mainly by export growth. The agreement strengthens India’s
Campus Prep Plan
India’s latest trade data shows that merchandise exports fell sharply by 11.8 percent in October while imports rose significantly. This resulted in a trade deficit of around 41.8 billion dollars, one of the largest monthly gaps India has recorded. For students of economics, this development offers an opportunity to understand how external trade interacts with […]