2019
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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UK
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Thailand
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Malaysia
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Nepal
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Detailed explanation-1: -The EU relaunched negotiations with India for an FTA in June 2022, after talks were suspended in 2013, and launched separate negotiations for an investment protection agreement and an agreement on Geographical Indications. Both sides are hopeful of concluding the negotiations in all three areas in 2023.
Detailed explanation-2: -The free trade agreement (FTA) between India and the UK is anticipated to be finalised this year, but the British trade minister in charge of the negotiations has stated that it won’t include any increase in the number of free movement visa offers for Indians.
Detailed explanation-3: -Till date, India has signed 13 free trade agreements (FTAs), key among them being Japan, South Korea and the ASEAN (Association of Southeast Asian Nations) grouping.