Summary
These deals lower extra taxes, making things cheaper to sell abroad. 💰
Big friends like the United Arab Emirates and Australia buy lots of Indian stuff. 📦
More Indian makers are using the new rules to sell their products worldwide. 🚀
Key Points
5 points1
India signed many Free Trade Agreements with other nations.
2
The agreements lower taxes called tariffs on Indian goods.
3
Exports grew a lot, reaching over 860 billion U.S. dollars.
4
The United Arab Emirates bought the most Indian goods.
5
Small makers can now sell their crafts to more countries.
New Words to Learn
5 wordsFree Trade Agreement
A deal between countries that makes it easier and cheaper to sell things to each other.
tariff
A tax that a country adds to goods that come in from other places.
export
Sending goods or services to another country to sell.
Certificate of Origin
A paper that shows where a product was made, so it can get special tax benefits.
global
All the countries in the world.
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