India should explore free trade agreements (FTAs) but not be defensive in negotiations, as the world trade moves away from a multilateral system, Pravin Krishna, professor of international economics at Johns Hopkins University (JHU), told Moneycontrol .
New Delhi should also consider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a major trading bloc, for greater market access, he said, as Trump tariffs upend global commerce.
"India should seriously think about becoming a member of the CPTPP. We already have agreements with some countries within it, so it may be easier to join now," Krishna said.
Why CPTPP?
CPTPP is a major multilateral free trade agreement between 12 countries across the Asia-Pacific and the Americas. It aims to liberalis