India–EU FTA seen as credit positive, to boost manufacturing and foreign investment: Moody’s
The India–European Union Free Trade Agreement (FTA) will be credit positive for India, helping attract foreign investment, strengthen manufacturing and improve export competitiveness in labour-intensive sectors, Moody’s Ratings said on Wednesday.India and the EU announced the conclusion of negotiations for the long-pending FTA earlier this week, describing it as the “mother of all deals”. Under…