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of <h1>India Boosts Economic Resilience with New Currency Swap for SAARC, Bilateral Investment Treaties, and Business Reforms.</h1> In 2024, India's Department of Economic Affairs implemented significant initiatives to bolster economic resilience and global integration. Key measures included the approval of a new Currency Swap Arrangement for SAARC countries, promoting financial cooperation and the internationalization of the Indian Rupee. The India-UAE and India-Uzbekistan Bilateral Investment Treaties enhanced investor confidence and economic collaboration. Domestically, the department introduced Ease of Doing Business reforms, established the National Infrastructure Readiness Index, and amended foreign investment rules to streamline processes and encourage cross-border investments. These efforts collectively aimed to enhance India's investment climate and support regional and global economic partnerships.
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