Courtesy: X / @narendraodi
India’s Eurasian shift will play itself out in the upcoming BRICS Summit. This is in contrast to just four years ago, when India cultivated the West, especially the U.S., in the aftermath of the 2020 Galwan clashes. Now with the U.S.’ tough tariffs and trade negotiations, India has made space to lean towards the Eurasian groupings, emphasising its long-held foreign policy principle of strategic balancing.
Courtesy: AFP
India-U.S. trade negotiations have faltered. India stepped outside its comfort zone to offer zero tariffs on industrial goods that form 40% of U.S. exports to India, but the additional 25% tariffs have rendered most Indian exports noncompetitive. Only a carefully balanced, incremental negotiating framework blending economic pragmatism with protection of core domestic interests backed by political will, stands a realistic chance of bridging the current impasse.
Courtesy: Times Now
India and the U.S. are now on the verge of establishing a comprehensive trade agreement, overcoming a long history of bilateral trade challenges. This is a pivotal moment that could lead to mutual benefits and a deeper partnership. It will also illumine the path for other modern trade agreements that India is currently negotiating with multiple countries.