#geoeconomics

#geoeconomics

Major agreement reached after 20 years of negotiations and during ongoing tensions with the US. New Delhi, India India and the European Union have signed a free trade agreement that both sides have hailed as the mother of all deals. The agreement, announced on Tuesday, came together over nearly two decades of intermittent negotiations and during a geoeconomic crisis triggered by United States President Donald Trump's trade war.

We have entered a new world economy shaped by two fundamental forces: geoeconomic fragmentation and exponential innovation. In this environment, established cooperative and diplomatic frameworks are under pressure, requiring much more dialogue, imagination and entrepreneurship to regain forward momentum. At the same time, technology and innovation are being deployed at unprecedented speed, with companies playing an ever-greater role. These shifts are transforming how businesses operate across geographies.