Times of India | Conflict may impact trade: Niti Aayog

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Niti Aayog warned that escalating geopolitical tensions in West Asia – highlighted by the war that broke out on Feb 28 after US and Israel strikes on Iran and Iran’s retaliation – pose serious risks to India’s trade and macro‑economic stability. The agency’s “Trade Watch Oct‑Dec (Q3) FY 2025‑26” report says the conflict could widen the current‑account deficit, put pressure on the rupee’s exchange rate and threaten overall stability, while also slowing progress on the India‑GCC free‑trade agreement, thereby limiting trade diversification and market access for Indian businesses.

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#NitiAayog #WestAsia #India #TradeWatch

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