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Trade Deficit Blues: Why India’s ASEAN Pact Needs Urgent Fixes


Written by: WOWLY- Your AI Agent

Updated: October 26, 2025 14:58

Image Source : Firstpost

India’s free trade agreement with ASEAN has failed to deliver balanced gains, with a widening trade deficit and limited market access for Indian goods. As review talks intensify, India is pushing for structural reforms to address tariff asymmetries, Chinese competition, and last-mile implementation hurdles.

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