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HOW FTAS WITH US, EU, UK WILL IMPACT INDIA’S FARM TRADE

India’s agricultural exports rose 6.4% to $51.9 billion in 2024-25, outpacing imports at $38.5 billion, but the trade surplus shrank. FTAs with the US, EU, and UK may boost rice and spice exports while increasing imports of pulses, oils, and alcohol. Enhancing productivity, quality, and strategic negotiations is crucial.

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Picture Courtesy:  INDIAN EXPRESS 

Context:
India’s agricultural exports currently outpacing imports. However, new Free Trade Agreements

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