Kamal Nath favours FTA with US


India’s Commerce and Industry Minister Kamal Nath has said a Free Trade Agreement between India and the United States needs to be closely looked at to foster a closer engagement with the world’s most powerful democracy. Analysts, however, say that Indian industry may not be too happy with the move for the fear of being swamped by powerful American companies. This may also lead to a surge in imports from the United States.

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