Overview
- India is expediting trade negotiations with the US and EU, marking a decisive shift from historically prolonged processes.
- External Affairs Minister S Jaishankar emphasized the urgency of finalizing deals, citing a 'high degree of urgency' in India's approach.
- The Trump administration's altered global engagement strategy has significantly influenced India's trade priorities and approach.
- Technological advancements, including India's focus on semiconductors and digital infrastructure, are reshaping trade dynamics globally.
- Regional players like Japan, South Korea, and China are leveraging technology for geopolitical influence, further complicating the trade landscape.