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Not just bilateral India↔EU. AJG brokers all directions — Unilateral, Bilateral, Trilateral, Multilateral. Each route below is an active mandate configuration we work across both principals.
v129.8 · state-deep-data · punjab
v129.1 · vertical-deep-data · textiles
End-to-end pathway for Textiles exports from India to Colombia. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance f…
End-to-end pathway for Textiles exports from India to Spain. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance for …
End-to-end pathway for Textiles exports from India to New Zealand. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment complianc…
End-to-end pathway for Textiles exports from India to Poland. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance for…
End-to-end pathway for Textiles exports from India to Malaysia. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance f…
End-to-end pathway for Textiles exports from India to United States. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment complia…
End-to-end pathway for Textiles exports from India to Sweden. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance for…
End-to-end pathway for Textiles exports from India to Indonesia. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance …
End-to-end pathway for Textiles exports from India to Mexico. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance for…
End-to-end pathway for Textiles exports from India to Singapore. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance …
End-to-end pathway for Textiles exports from India to Brazil. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance for…
End-to-end pathway for Textiles exports from India to France. Covers regulatory pathway selection (GOTS + OEKO-TEX 100), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment compliance for…
Challenge: A Tirupur-based garment manufacturer had EUR 2M annual EU revenue but all from commodity cotton T-shirts sold on price. EU buyers were increasingly requesting organic cotton with GOTS certification. The manufacturer had no GOTS certification, sourced conventional cotton from the open market, and was losing potential orders to GOTS-certified competitors in Bangladesh and Portugal.…
Outcome: GOTS certificate obtained at month 8. First GOTS-labelled garment orders from a German organic clothing brand (EUR 450,000) and a Dutch sportswear company (EUR 380,000) placed within 2 months of certification. Annual EU revenue grew to EUR 6.1M by year 2 — 300% increase. GOTS orders command 18-25% price premium over conventional equivalent garments.…
Challenge: A Jaipur-based block print textile artisan collective had no international sales presence. Their hand-block-printed fabrics, scarves, and home furnishings were sold domestically at craft fairs and through domestic retailers. A survey of EU Etsy searches identified 50,000+ monthly searches for "Indian block print fabric" and "hand printed cotton scarves" with average sale prices of EUR 45-90.…
Outcome: Etsy shop reached EUR 280,000 annual revenue by month 8. Shopify website reached EUR 420,000 by month 12. Annual total EU D2C revenue EUR 1.9M by year 2, EUR 2.2M by year 3. Average order value: EUR 68. Top EU markets: Germany 38%, Netherlands 22%, France 18%, UK 12%, Sweden 10%. IOSS compliance means EU consumers receive goods without customs surprise charges.…
Challenge: A Surat-based technical textiles manufacturer (geotextiles, agro-shade nets, construction membranes) had strong domestic market position. They identified a EUR 6M opportunity in Germany' construction sector but faced: no EN standard certification for their products, no CE marking, limited knowledge of German technical textile standards, and no German distribution relationship.…
Outcome: CE marking and DoP for construction membranes achieved at month 9. EN standard test certificates for geotextiles at month 7. Hamburg distributor commenced sales at month 10. Annual German revenue: EUR 5.8M by year 2. The distributor relationship opened introductions to Netherlands and Belgium construction markets.…
Challenge: A Ludhiana-based knitwear manufacturer (sweaters, cardigans, polo shirts) had approached H&M India sourcing office multiple times but was rejected at the supplier qualification stage due to absence of OEKO-TEX Standard 100 certification. H&M required OEKO-TEX 100 as a non-negotiable baseline for all its knitwear suppliers. The manufacturer used conventional acrylic and wool blends with chemical fi…
Outcome: OEKO-TEX 100 certification obtained at month 5. H&M India sourcing office approved the manufacturer as a preferred supplier at month 7. First H&M order: 45,000 units valued at INR 1.8 crore. Annual H&M order volume reached INR 12 crore by year 2. The OEKO-TEX certification also opened doors to two additional EU buyers (a Dutch sportswear brand and a German department store chain).…
The India-EU Free Trade Agreement has been in negotiation since 2007 with a relaunch in 2022 and a target conclusion in 2026. When concluded, it will eliminate duties on 90%+ of goods and open the EU single market of 450…
The India-UAE Comprehensive Economic Partnership Agreement entered force on 1 May 2022. Two years into implementation, bilateral trade has grown significantly but utilisation of CEPA preferential rates remains below pote…
India faces its most competitive EU textile market in decades. Vietnam (EVFTA 0% phased), Bangladesh (EU LDC 0%), and Cambodia (EBA 0%) all enjoy preferential EU access while India pays 12% MFN. India-EU FTA will eventua…
Rules of Origin are the gateway to FTA benefits and the most commonly misunderstood element of international trade. This guide explains the three main RoO criteria, provides worked examples for key India verticals, and g…
The latest India-EU FTA negotiating round shows substantive progress on tariff schedules with IP and government procurement remaining the two outstanding issues…
EU Ecodesign for Sustainable Products Regulation creates mandatory sustainability requirements for textiles entering EU market from 2027 including Digital Produ…
India-UK FTA negotiations have 23 of 28 chapters agreed. Five sensitive chapters remain: Mode 4 visas, Scotch whisky tariff, automotive, dairy, and government p…
EU Deforestation Regulation compliance deadline has been extended but not removed. Indian coffee, rubber, and leather exporters have additional time — but the…
v129.1 · vertical-deep-data · agro
End-to-end pathway for Agro exports from India to Poland. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment com…
End-to-end pathway for Agro exports from India to Argentina. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment …
End-to-end pathway for Agro exports from India to France. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment com…
End-to-end pathway for Agro exports from India to Singapore. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment …
End-to-end pathway for Agro exports from India to United States. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipm…
End-to-end pathway for Agro exports from India to Australia. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment …
End-to-end pathway for Agro exports from India to Brazil. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment com…
End-to-end pathway for Agro exports from India to Taiwan. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment com…
End-to-end pathway for Agro exports from India to United Kingdom. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-ship…
End-to-end pathway for Agro exports from India to Colombia. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment c…
End-to-end pathway for Agro exports from India to China. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment comp…
End-to-end pathway for Agro exports from India to Germany. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment co…
End-to-end pathway for Agro exports from India to Malaysia. Covers regulatory pathway selection (EU Organic 2018/848 + GlobalG.A.P.), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post-shipment c…
Challenge: A Kerala-based spice exporter (pepper, cardamom, ginger) had a consignment of black pepper rejected at Rotterdam port in March 2025 following an EU RASFF (Rapid Alert System for Food and Feed) notification for ethylene oxide residue (0.12 mg/kg, EU limit 0.05 mg/kg). All subsequent shipments from this exporter were placed on enhanced monitoring at EU border inspection posts (BIPs). The exporter fa…
Outcome: Pre-shipment testing compliance demonstrated over 3 consecutive shipments. Enhanced monitoring lifted by Dutch customs at month 7. Full EU market access restored by month 9. Pre-shipment testing cost: INR 8,500 per consignment. Annual EU spice revenue restored: EUR 3.2M. The testing protocol has been maintained as standard practice.…
Challenge: A Punjab-based basmati rice exporter had conventional basmati certified by APEDA. German organic food retailers (Alnatura, dm, Denns Biomarkt) were actively seeking EU-certified organic basmati but existing Indian suppliers were struggling to meet EU organic certification requirements. The Punjab exporter' farms had not used prohibited pesticides for 3 years — potentially qualifying for immedia…
Outcome: EU organic basmati certificate obtained at month 7 for 320 hectares. First German organic retail orders placed at month 9. EU organic basmati selling price: EUR 4.20/kg versus EUR 2.90/kg for conventional basmati — 45% premium. Annual EU organic basmati revenue: EUR 2.8M. The farm group certification model has been replicated with 3 additional farmer groups.…
Challenge: A Gujarat-based processed food manufacturer (ready-to-cook Indian meal kits, packaged spice blends, dal) wanted to supply a major EU grocery retailer as an own-brand (private label) supplier. They had FSSAI certification and Indian market presence but no EU certifications. Lidl Deutschland was identified as the target buyer based on their active Indian food category expansion.…
Outcome: BRCGS Grade AA achieved at month 8. SMETA 4-pillar audit completed at month 9. Lidl Deutschland placed first trial order (12,000 units) at month 11. Trial performance was satisfactory. Annual Lidl Germany private label contract: EUR 1.8M. Lidl Austria and Lidl Netherlands subsequently added: combined annual volume EUR 3.4M.…
Challenge: A Rajasthan-based herbal extract company (moringa leaf powder, amla extract, neem products) had been selling to Indian Ayurvedic companies and attempted to export to EU supplement companies. They discovered that moringa powder had a complex novel food status in EU — it was not on the EU novel food list but had been on the market before 1997 in some EU countries as a botanical ingredient. The com…
Outcome: Moringa leaf powder cleared as non-novel in the Netherlands and France based on traditional use documentation. First EU shipments commenced month 6. Annual EU moringa revenue: EUR 1.5M. The company subsequently filed for novel food authorisation for their concentrated moringa extract (a novel product with no pre-1997 history) — separate from the leaf powder.…
The India-EU Free Trade Agreement has been in negotiation since 2007 with a relaunch in 2022 and a target conclusion in 2026. When concluded, it will eliminate duties on 90%+ of goods and open the EU single market of 450…
The EU operates the most stringent food safety framework in the world. For Indian agro-food exporters — spices, rice, fresh produce, processed food, or seafood — EU food law compliance is non-negotiable. This essay c…
The EU Deforestation Regulation requires operators placing coffee, rubber, leather, timber, cocoa, soya, palm oil, and derived products on the EU market to demonstrate that their products are deforestation-free. For Indi…
India is the world largest producer and exporter of spices. The EU is India largest spice export destination. Yet the corridor is fraught with compliance challenges — pesticide MRL violations, aflatoxin contamination, …
The latest India-EU FTA negotiating round shows substantive progress on tariff schedules with IP and government procurement remaining the two outstanding issues…
The Netherlands handles 40% of all India-EU container trade through Rotterdam. But India-Netherlands is also a USD 18B bilateral in its own right — with uniqu…
India-EFTA TEPA is providing 0% duty on most Indian goods to Switzerland, Norway, Iceland, and Liechtenstein. But only an estimated 30% of eligible trade is cla…
India-GCC FTA negotiations were relaunched in 2023. A concluded deal covering USD 180B in existing annual bilateral trade would be the largest trade agreement i…
v129.1 · vertical-deep-data · engineering
India' engineering goods sector is the largest manufacturing export category by value. The EU engineering market — anchored by Germany, Italy, France, and the Netherlands — requires CE marking for most machinery, IATF 16949 for automotive supply chains, EN standards compliance for most technical products, and EEPC-certified COO for EU GSP pref…
End-to-end pathway for Engineering exports from India to United States. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management…
End-to-end pathway for Engineering exports from India to Spain. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and po…
End-to-end pathway for Engineering exports from India to Peru. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and pos…
End-to-end pathway for Engineering exports from India to Colombia. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and…
End-to-end pathway for Engineering exports from India to Germany. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and …
End-to-end pathway for Engineering exports from India to China. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and po…
End-to-end pathway for Engineering exports from India to UAE. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and post…
End-to-end pathway for Engineering exports from India to Australia. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, an…
End-to-end pathway for Engineering exports from India to Netherlands. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, …
End-to-end pathway for Engineering exports from India to Indonesia. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, an…
End-to-end pathway for Engineering exports from India to Brazil. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and p…
End-to-end pathway for Engineering exports from India to Taiwan. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and p…
End-to-end pathway for Engineering exports from India to Argentina. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, an…
End-to-end pathway for Engineering exports from India to Thailand. Covers regulatory pathway selection (CE Marking + Machinery Directive 2006/42/EC), certifications stack, export documentation (commercial invoice, packing list, certificate of origin, B/L, insurance certificate), Incoterm-aligned pricing, payment mechanics, lead-time management, and…
Challenge: A Pune-based precision machined automotive component manufacturer wanted to supply BMW as a Tier 2 supplier through a German Tier 1 (a Bosch subsidiary). They had ISO 9001 certification but not IATF 16949. The German Tier 1 required: IATF 16949, VDA 6.3 Process Audit at Green status, PPAP submission for 4 specific components, and IMDS material data entry for all parts. The manufacturer had never d…
Outcome: IATF 16949 certification achieved at month 14. VDA 6.3 audit: Yellow (conditional pass) at month 18, Green at month 22. PPAP approved for 3 of 4 components at month 20, 4th component at month 26. First production orders placed at month 27. Annual contract value: EUR 2.1M. German Tier 1 has indicated potential for EUR 5M+ by year 3 with volume ramp.…
Challenge: A Coimbatore-based industrial pump manufacturer had been selling to Indian process industries for 15 years. They identified a EUR 3M annual opportunity with a Dutch water treatment company who required CE-marked pumps under the EU Machinery Directive 2006/42/EC. The manufacturer had no CE marking experience, no EU technical documentation, and no Declaration of Conformity.…
Outcome: CE marking achieved for first product range at month 6. First EUR 450,000 order from Dutch water treatment company placed at month 8. Annual contract value reached EUR 2.8M by month 18. EU authorised representative appointed (Netherlands) to hold technical documentation. CE marking expanded to 3 additional pump ranges.…
Challenge: A Rajkot-based iron and aluminium casting manufacturer had one EU customer in Italy worth EUR 800,000 per year. They wanted to scale EU revenue to EUR 10M+ within 5 years but lacked the European network, certifications, and sales presence to approach new buyers systematically.…
Outcome: EUR 12.4M annual EU casting revenue achieved by year 4 across 7 buyer relationships in 6 countries. Buyer mix: Germany 40%, Italy 25%, Netherlands 20%, France 10%, Sweden 5%. ECGC cover in place for all buyers. One confirmed LC buyer (Sweden) for high-value orders. AJG commission on all 6 new buyer relationships over 4 years.…
Challenge: A Delhi NCR-based elevator component manufacturer (guide rails, safety components, buffers) had identified a EUR 4M opportunity with a Belgian elevator installation company. EU Lifts Directive (2014/33/EU) required all safety components to have CE marking with Notified Body Module H (complete quality assurance) approval — a significantly more complex certification than self-declaration.…
Outcome: Module H quality assurance certification achieved at month 7. CE marking for safety components granted. First EUR 1.1M order delivered at month 9. Annual contract value stabilised at EUR 4.2M. The Notified Body certification has been leveraged to approach 3 other EU elevator OEMs.…
The India-EU Free Trade Agreement has been in negotiation since 2007 with a relaunch in 2022 and a target conclusion in 2026. When concluded, it will eliminate duties on 90%+ of goods and open the EU single market of 450…
The India-UAE Comprehensive Economic Partnership Agreement entered force on 1 May 2022. Two years into implementation, bilateral trade has grown significantly but utilisation of CEPA preferential rates remains below pote…
The EU aggressive decarbonisation agenda creates a multi-decade structural demand for green energy goods from India. Solar panels, green hydrogen, wind components, and battery storage represent India largest emerging exp…
Rules of Origin are the gateway to FTA benefits and the most commonly misunderstood element of international trade. This guide explains the three main RoO criteria, provides worked examples for key India verticals, and g…
The latest India-EU FTA negotiating round shows substantive progress on tariff schedules with IP and government procurement remaining the two outstanding issues…
India-EFTA TEPA is providing 0% duty on most Indian goods to Switzerland, Norway, Iceland, and Liechtenstein. But only an estimated 30% of eligible trade is cla…
Hannover Messe 2026 is the world' largest industrial technology trade fair. For Indian engineering goods manufacturers, it is the single most valuable EU marke…
India-GCC FTA negotiations were relaunched in 2023. A concluded deal covering USD 180B in existing annual bilateral trade would be the largest trade agreement i…
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