Categories: India

Repercussion on the American Act: India with a big NO for the US trade group

Just a couple of days ago America has cleared FMS for Pakistan with opening gates again on another huge financial support for the nation known as the Global Terror Factory.

Comprehending the hints, India was mulling over reacting on the development. Now the reaction is loud and clear proving India’s unfailing commitment towards its safety and sovereignty.

The new news says India has opted out of trade talks being organized by a US-led group of Asian nations.

The IPEF (Indo Pacific Economic Framework) is an initiative originated by the President Joe Biden’s administration itself aims at deepening ties with Asian nations. The efforts are made in the Trade Group through various issues including trade, supply chains, tax, and climate change.

India’s commerce ministry displays its reluctance finding it of not much use. The Union Commerce Minister Piyush Goyal stated that  the benefits to India are still unclear here from the trade commitments.

Picture on the issues pertaining to the environment, labor and digital trade is still not very clear, he added.

Bharat Express English

Recent Posts

NIA And ATS Conduct Joint Raids In Deoband, Detain Youth For Terror Links

NIA sources have previously conducted raids in Maharashtra, Malegaon, Jammu and Kashmir, Assam, and Delhi,…

2 hours ago

Allahabad High Court Commutes Death Sentence In Bulandshahr Gang Rape And Murder Case

While commuting the death sentence, the High Court upheld the conviction of the three men…

3 hours ago

PM Modi Welcomed By Banjara Women, Engages With Community Saints In Maharashtra

During his visit, PM Modi performed darshan at the Jagdamba Mata Temple in Poharadevi. He…

3 hours ago

Court Warns Accused In Delhi Riots Case For Delaying Proceedings

Judge Bajpai reminded the defense that daily hearings were planned. He warned all defendants that…

4 hours ago

Yogi Adityanath Calls Kisan Samman Nidhi A Blessing During Shardiya Navratri

PM launched the 18th installment at an event in Maharashtra, benefiting 9.4 crore farmers nationwide,…

5 hours ago

Voter Turnout Exceeds 64% In Haryana Assembly Elections Amid Minor Skirmishes

Over 64% of 2.03 crore voters in Haryana participated in the assembly elections casting their…

6 hours ago