The trade agreement between India and EFTA is expected to give a much-needed boost to bilateral trade and economic relations, laying the groundwork for deeper cooperation and mutual benefits in the years to come. Analyse.

Topic: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.

Topic: Bilateral, regional and global groupings and agreements involving India and/or affecting India’s interests.

3. The trade agreement between India and EFTA is expected to give a much-needed boost to bilateral trade and economic relations, laying the groundwork for deeper cooperation and mutual benefits in the years to come. Analyse. (250 words)

Difficulty level: Tough

Reference: The Hindu

Why the question: Before election fever gripped the country, India managed to clinch a historic trade deal, in March, with the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway and Switzerland. Key Demand of the question: To write about the impact of India signing trade agreement with EFTA Directive word: Elaborate – Give a detailed account as to how and why it occurred, or what is the context. You must be defining key terms wherever appropriate and substantiate with relevant associated facts. Structure of the answer: Introduction: Begin by giving context. Body: First, write about the major features of the trade agreement with EFTA. Next, write about major benefits it is expected to bring – significant economic benefits, such as better integrated and more resilient supply etc. Next, write about the major concerns associated with it – geopolitical implications, actual scale of investment etc. Conclusion: Conclude by writing a way forward.

Why the question:

Before election fever gripped the country, India managed to clinch a historic trade deal, in March, with the European Free Trade Association (EFTA), comprising Iceland, Liechtenstein, Norway and Switzerland.

Key Demand of the question:

To write about the impact of India signing trade agreement with EFTA

Directive word:

Elaborate – Give a detailed account as to how and why it occurred, or what is the context. You must be defining key terms wherever appropriate and substantiate with relevant associated facts.

Structure of the answer:

Introduction:

Begin by giving context.

First, write about the major features of the trade agreement with EFTA.

Next, write about major benefits it is expected to bring – significant economic benefits, such as better integrated and more resilient supply etc.

Next, write about the major concerns associated with it – geopolitical implications, actual scale of investment etc.

Conclusion:

Conclude by writing a way forward.