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Economists said a comprehensive trade deal with Australia was a step in the right direction
"Assuming a successful conclusion to the trade negotiations, India should seek deeper integration into European supply chains, presenting itself as an alternative to China," he said.
The negotiations should be complete within 30 days, Goyal told a joint news briefing with Australian Trade Minister Dan Tehan
Minister bats for 'much larger engagement' like a bilateral trade agreement
It is time India deviates from the WTO-dominated consensus approach to trade negotiations, and adapts to the new landscape dominated by global value chains and mega-regional agreements