Plastic that Dissolves in the Sea
From Nation, For Nation - Pulse of the Nation
Dr. Keerthana Yadav: Anesthesia Expert, Empowerment Architect, Record-Maker
India and Maldives discussing free trade agreement, investment pact
The proposed FTA and investment pact aim to enhance cross-border trade, attract mutual investments, and streamline regulatory frameworks to facilitate ease of doing business. These agreements are expected to create new economic opportunities, particularly in sectors such as tourism, infrastructure, and technology, which are pivotal to the Maldivian economy and align with India’s regional growth objectives.
In addition to trade and investment, the two countries are exploring new avenues of cooperation, particularly in the renewable energy sector. Foreign Secretary Misri highlighted that sustainable energy solutions, including solar and wind power, could become key pillars of collaboration. This aligns with India's broader commitment to green development and the Maldives' vulnerability to climate change, positioning both countries to benefit from joint initiatives in clean energy and environmental resilience. →
From Globe, For Globe - Pulse of the Planet
Washington and Delhi are "very close" to finalising a trade deal, US President Donald Trump has said, as high-level talks between the two sides continue.
"We're very close to a deal with India where they open it [the market] up," Trump told reporters at the White house on Wednesday.
Later in the day, he reiterated that the deal with India was "very close" when asked about upcoming trade agreements in an interview with broadcaster Real America's Voice.
India and the US have been locked in intense negotiations over the past few months, aiming to reach an agreement before steep tariffs kick in.
Trump had first announced 27% tariffs on Indian goods in 2 April as part of a wider trade policy move. While the tariffs were initially paused until 9 July, the US later extended the deadline to 1 August.
An Indian delegation is in the US this week for discussions on the agreement, Reuters reported, citing sources in the Indian government.
Last month, a team of Indian officials extended their stay in Washington for another round of talks, raising questions about what was holding up the agreement.
Both sides have sounded optimistic about the deal. On Tuesday, Trump signalled a potential breakthrough, saying that the US would gain "access" to the Indian market as part of the agreement.
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