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India Pushes for Swift Trade Deals with US and EU Amid Shifting Global Dynamics

External Affairs Minister S Jaishankar highlights India's urgency in concluding trade agreements as global technology and geopolitical landscapes evolve rapidly.

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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.