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India Seals Trade Pact With UAE as It Pursues Free Trade Deals

New Delhi – India and the United Arab Emirates signed an agreement Friday that the two countries expect will increase bilateral trade to $100 billion in five years. It is the first of several free trade deals that New Delhi is racing to conclude this year to expand its pandemic-hit economy.

Economists say it reflects a significant change from the past, when India, which has protected several sectors of its econom