• Sunday, May 26, 2024

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India, GCC nations to kick off free trade agreement talks in November

(iStock)

By: Shubham Ghosh

Negotiations for a free-trade agreement (FTA) between India and Gulf Cooperation Council (GCC) countries will kick off in November with hopes to seal a deal by June, India trade ministry joint secretary Srikar K Reddy on Thursday (20) said, Reuters reported.

The South Asian country is also working on a rupee-dirham trade mechanism and is in talks with the United Arab Emirates, Reddy said.

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