India Can't Sign FTA With GCC & Russia... | The Hindu Daily News Analysis #UPSC #CurrentAffairs

India can't sign FTA with GCC & Russia — here's why it matters. A big trade imbalance with the Gulf and Eurasian Economic Union is stuck because of ongoing global wars, and it's costing India billions in export potential. India recently signed and implemented a comprehensive FTA with the UK — balancing protection of domestic sectors with export growth. India wants the same with GCC, EAEU, and Israel. But GCC and EAEU talks are delayed due to conflicts in the Gulf and the Russia-Ukraine war, even though India's trade imbalance with both blocs is massive. Timestamps: 0:00 UK FTA — the model India wants to replicate 0:37 India's pending FTAs: GCC, EAEU, Israel 1:03 GCC trade imbalance: imports vs exports 1:21 EAEU trade imbalance: imports vs exports 1:53 Why the talks are stuck — ongoing wars 2:13 Why this matters for UPSC current affairs We break down articles like this in full detail every morning at 9 AM in our Daily News Analysis on this channel — UPSC Unstoppable by Unacademy. Watch the full DNA here: https://www.youtube.com/playlist?list=PLDbuVOOd_AW4 @upscunstoppables #UPSC #UPSCUnstoppable #CurrentAffairs #FTA #IndiaTrade #TheHindu #UPSCPrelims #UPSCMains #EconomyUPSC #IndiaGCC #TradeWar #UPSCCSE #DailyCurrentAffairs #GS3Economy #ForeignTradePolicy UPSC,UPSC Unstoppable,UPSC Current Affairs,FTA India GCC,India EAEU FTA,India Israel FTA,The Hindu editorial UPSC,India trade deficit GCC,GCC trade with India,Eurasian Economic Union India,India GCC FTA delay,India Russia trade agreement,UPSC economy current affairs,UPSC daily news analysis,GS3 external sector UPSC,India foreign trade policy,India Gulf trade deficit,Ukraine Russia war trade impact,UPSC Prelims current affairs,free trade agreement India