Coverage
What this agreement covers.
WTO MFN terms only — no bilateral FTA
Key benefits
Why this agreement matters.
India position
How this FTA relates to India.
Both parties — USD 118.4B bilateral trade, significant deficit for India
Aggregate trade volume among parties: USD 118.4B
Risk framework
FTA compliance risks.
| Risk | Assessment | Mitigation |
|---|---|---|
| India-China trade deficit — India imports ~3x more than it exports | High — structural trade imbalance | Promote Indian exports to China (minerals, pharma APIs); restrict unnecessary imports via BIS standards |
| Border tensions affect bilateral commercial confidence | High — geopolitical risk elevated | Diversify supply chains away from China dependency; AJG actively supports India-EU/UAE alternatives |
Beneficiary verticals
Which sectors benefit.
Cited from
Referenced by these country pages.
China
Frequently asked
FAQ · India-China Trade (MFN/WTO).
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