Related Keywords: anti-dumping duties, apex body, BTIA, DIPP, dumping of Chinese products, European Union, FIEO, FIEO President Rafeeq Ahmed, Free trade agreement, trade deficit
India has a trade deficit of about USD 37 billion with the neighbouring country to overcome this and help boost India’s export; FIEO an apex exporter’s body today put forward a proposal for a free agreement (FTA) with China. In fact, India should resume the FTA with the European Union too.
According to FIEO President Rafeeq Ahmed, India will benefit by entering into FTA with China. The government should not hesitate to talk about this. If Thailand can have an FTA with China, India should also seriously look at this.