Cure for India's Trade-phobia

We can protect domestic industries while making them globally competitive

India is not a big fan of free trade agreements, especially those that include China. For example, after many years of RCEP negotiations, the Indian government got cold feet and refused to join the world’s largest FTA. Then, recently, India turned down the trade aspects of IPEF, a US-led proposal that excludes China. While there are valid concerns about…