
As per Economic Times report, India is actively expanding its global trade footprint by negotiating agreements with 50 countries spanning 14 trade groups.
With FTAs concluded with Australia, UAE, Mauritius, the UK, and the EFTA bloc, Delhi aims to accelerate its economic partnerships worldwide.
Commerce and Industry Minister Piyush Goyal stated that India is in trade discussions with 50 nations grouped under 14 regional and bilateral clusters. Completed FTAs with Australia, UAE, Mauritius, UK, and EFTA mark a milestone, especially the TEPA agreement with EFTA effective from October 1, 2025. This marked the first such deal with four developed European economies.
Goyal noted India is pursuing a comprehensive economic partnership with Canada, with formal discussions expected to begin shortly. Talks with the US also remain active as India works to deepen its access to Western markets.
India has opened discussions with nations including Oman, Bahrain, and Qatar, while the Gulf Cooperation Council has expressed interest in a collective FTA. A fourth negotiation round with New Zealand was completed recently, alongside second-stage FTA talks with Australia.
Existing FTAs with South Korea and the ASEAN bloc are currently under review to ensure mutual benefits and alignment with current trade environments.
Read More: India–UAE Meeting Under CEPA: Discussion Around Increasing Non-Oil Trade!
The minister acknowledged delays in finalising several FTAs in the past due to concerns about protecting sectors like auto and alcohol. However, he emphasised a shift towards futuristic thinking and partnerships based on fairness and equal opportunity.
The country’s evolving trade strategies aim to secure duty-free or preferential market access for Indian exports across multiple developed and developing nations. The India–UK CETA alone is set to offer 99% duty-free access for Indian exports to the UK.
India’s current engagement in trade discussions with 50 countries signals a decisive shift toward boosting global trade presence. Active agreements and negotiation efforts reflect a roadmap aimed at deeper market access, economic cooperation, and tariff benefits through a structured global FTA strategy.
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Published on: Nov 28, 2025, 3:24 PM IST

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