What the ‘Mother of All Trade Deals’ Learned From the India-ASEAN FTA
The India-ASEAN Free Trade Agreement, which took 16 years to negotiate, has provided valuable lessons for India's next big trade deal with the European Union. The article highlights how India learned from the ASEAN deal's pitfalls, such as insufficient preparation and lack of clear strategic goals, to better shape its approach in the India-EU FTA. This matters because the EU is India's largest trading partner, and getting the deal right could significantly boost economic ties and open new markets for Indian businesses. The insights from the ASEAN experience promise to make the India-EU deal more effective and strategically aligned.
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