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India Gains Access to $70 Trillion FTA Global Market

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India has gained access to a $70-trillion market through its trade agreements, with Union Commerce and Industry Minister Piyush Goyal describing the country as the world's fastest-growing major economy.

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India Gains Access to $70 Trillion FTA Global Market

India has gained access to a $70-trillion market through its trade agreements, according to Union Commerce and Industry Minister Piyush Goyal. The minister said that India has become the world's fastest-growing major economy, with the country's trade agreements providing access to a massive market. The India-EU FTA is likely to take effect in the first quarter of next year, while the first tranche of the India-US trade agreement will be operationalized after India secures a comparative advantage over other countries.

The Economic Times

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