After decades of legislative barriers and a trust deficit rooted in the Tarapur fuel crisis of 1974, India's landmark SHANTI Act has thrown open its nuclear sector to private and foreign players, drawing America's biggest energy companies back to a market worth nearly 300 billion dollars.
Concluded amid rising protectionism and tariff wars, the India–EU Free Trade Agreement signals a decisive shift toward rules-based partnerships in a fractured global economy.
England banned traditional coal sales for domestic use in 2023, though smokeless fuels remain permitted.
India has strongly opposed Mexico's move to raise import tariffs on countries lacking free trade agreements, signalling potential protective actions for its exporters.
