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India and Brazil signed a mutual understanding to fortify essential minerals and rare metals supply chains, expanding collaboration across health, energy, digital technology and defence, while boosting domestic production and supplier diversification for greater resilience.
The recently signed India-EU Free Trade Agreement slashes EU tariffs on 99.5% of Indian goods like textiles, leather, pharmaceuticals, and gems over seven years, boosting competitiveness against rivals and countering US 50% tariffs that have hit exports hard. This diversification opens the EU’s $136 billion market—nearly matching US trade volumes—for labor-intensive sectors,reducing reliance on US
