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“For me, representing India, as much as I can give, I need reciprocal things to be given to me. If I am willing to offer tariff concessions on goods, I want something to be offered by them to boost India's services.” quote by Nirmala Sitharaman
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“For me, representing India, as much as I can give, I need reciprocal things to be given to me. If I am willing to offer tariff concessions on goods, I want something to be offered by them to boost India's services.”

Nirmala Sitharaman

About This Quote

Source Speech: Press conference, Ministry of Commerce and Industry, India, 2023

India seeks balanced trade, offering concessions only if it receives reciprocal benefits, especially in services sector.

In simple terms: India wants trade deals that benefit both sides.

Key Takeaway

Insist on mutual gains in negotiations.

Themes

trade reciprocity services economics

Mood

strategic pragmatic

Type

policy economic diplomatic

When to use this quote

  • export negotiations
  • foreign investment talks
  • service sector agreements

Key Concepts

comparative advantage trade negotiations economic diplomacy

Questions to Reflect On

  • How can India ensure fair reciprocity?
  • What sectors could offer the most leverage?
A Different Perspective

May be limited by political pressures or partner resistance.

2.6 out of 5 (3 ratings)

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