Free trade agreement

Indo-German Ties~II

Africa is estimated to have an abundance of rare earths but lacks exploration and extraction capabilities. German capital and green tech know-how augmented by an Indian-African workforce could be the key driver for Africa to replace China as the world‘s source of rare earths over the next decade. It would provide employment avenues for India‘s young population both at the skilled and semi-skilled levels, remittances from a new geography will come into play, and the opportunities for trade and commerce would grow. Africa would benefit as its own youth bulge would become productive

Russia, India negotiating on free trade agreement

Visiting Russian Minister of Trade and Industry, Denis Manturov, said on Monday that India and Russia are deliberating on a free trade agreement (FTA), a move which could enhance commercial relations between the two nations.