As there are significant opportunities associated with an India-UK Free Trade Agreement, realizing its full potential would lead to mutual benefits and sustainable economic growth for both countries. Examine.
Kartavya Desk Staff
Topic: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.
Topic: Effect of policies and politics of developed and developing countries on India’s interests, Indian diaspora.
1. As there are significant opportunities associated with an India-UK Free Trade Agreement, realizing its full potential would lead to mutual benefits and sustainable economic growth for both countries. Examine. (250 words)
Difficulty level: Tough
Reference: The Hindu
Why the question: Prime Minister Narendra Modi and U.K. Prime Minister Rishi Sunak spoke over the phone, assessing the progress made on negotiating a Free Trade Agreement (FTA), as both countries face general elections. Key Demand of the question: To write about the advantages of FTA for India-U.K while taking in to account potential bottlenecks. Directive word: Examine – When asked to ‘Examine’, we must investigate the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications. Structure of the answer: Introduction: Begin by writing about FTA in the context of India-U.K relations. Body: In first part, give the historical ties between the two nations in brief and current status of bilateral relations. Next, write about potential benefits of FTA for both the countries especially in aftermath of the disruptions caused by Brexit and Covid-19 pandemic. Mention trade, diaspora, collaboration etc. Mention, the potential bottlenecks such as non-tariff barriers, IP protection and Tariff’s etc. Conclusion: Conclude with way forward for the potential realisation of the FTA.
Why the question:
Prime Minister Narendra Modi and U.K. Prime Minister Rishi Sunak spoke over the phone, assessing the progress made on negotiating a Free Trade Agreement (FTA), as both countries face general elections.
Key Demand of the question:
To write about the advantages of FTA for India-U.K while taking in to account potential bottlenecks.
Directive word:
Examine – When asked to ‘Examine’, we must investigate the topic (content words) in detail, inspect it, investigate it and establish the key facts and issues related to the topic in question. While doing so we should explain why these facts and issues are important and their implications.
Structure of the answer:
Introduction:
Begin by writing about FTA in the context of India-U.K relations.
In first part, give the historical ties between the two nations in brief and current status of bilateral relations.
Next, write about potential benefits of FTA for both the countries especially in aftermath of the disruptions caused by Brexit and Covid-19 pandemic. Mention trade, diaspora, collaboration etc.
Mention, the potential bottlenecks such as non-tariff barriers, IP protection and Tariff’s etc.
Conclusion:
Conclude with way forward for the potential realisation of the FTA.