The EU and India have concluded a landmark free trade agreement that dramatically lowers tariffs and opens both markets to expanded trade, especially in cars, wine, textiles, gems, and pharmaceuticals.

  • Lech@lemmy.zipOP
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    3 days ago

    Diversification is a smart strategy - it spreads risk and opens up new opportunities. However, over-reliance on any single partner or market can be dangerous. What I hope to see from agreements like this is a balanced approach: leveraging external partnerships while simultaneously strengthening in-house capabilities.

    • givesomefucks@lemmy.world
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      3 days ago

      It’s modi wanting to replace China as the world’s sweatshop…

      Which has been his goal this entire time