The World Trade Organization warns that high trade costs and regulatory complexities could hinder India's goal of becoming a developed nation by 2047. While economic growth remains strong, structural reforms are essential for deeper global integration. India is currently pursuing free trade agreements to boost exports and balance self-reliance with market openness.
The World Trade Organization warns that high trade costs and regulatory complexities could hinder India's goal of becoming a developed nation by 2047. While economic growth remains strong, structural reforms are essential for deeper global integration. India is currently pursuing free trade agreements to boost exports and balance self-reliance with market openness.