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India-EU trade pact triggers alarm bells in Washington
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Mangalorean.com
India-EU trade pact triggers alarm bells in WashingtonWashington: Washington reacted with unease after India and the European Union sealed a landmark free trade agreement, with influential lawmakers, top administration officials, and policy experts warning that America risks being sidelined.
With this trade deal, New Delhi and Brussels will reshape global trade and strategic alignments, they feared.
Leaders on both sides have described it as the largest trade pact in India’s history.
“In a changing global trade system marked by rising protectionism, ITIF welcomes a free trade agreement between two large democracies,” Balbontin said.
“There should be no doubt that the India–European Union free trade agreement warrants attention,” Linscott wrote for the Atlantic Council.