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Commerce minister reviews progress of India's free trade agreements
May-05-2026

Amid ongoing efforts to expand India's global trade footprint, Union Minister of Commerce and Industry Piyush Goyal has reviewed the progress of India's Free Trade Agreements (FTAs) in a meeting held with key officers and chief negotiators. During the meeting, they discussed ways to encourage more businesses to export from India, further unlocking the country's potential to export world-class products. Also, avenues to strengthen India's position in global value chains were explored.

India has significantly expanded its network of trade agreements in recent years, reaching nine FTAs spanning 38 countries. The expansion began with the India-Mauritius agreement in 2021, followed by the India-UAE Comprehensive Economic Partnership Agreement in May 2022 and the India-Australia Economic and Trade Agreement in December 2022.

India later signed the EFTA Trade and Economic Partnership Agreement on March 10, 2024, which came into force on October 1, 2025. Further strengthening its trade ties, India signed the India-UK Comprehensive Economic and Trade Agreement in July 2025 and the India-Oman Comprehensive Economic Partnership Agreement in December 2025. The India-New Zealand FTA was announced on December 22, 2025 and signed on April 27, 2026. The India-EU FTA was announced on January 27, 2026. With the United States, India has also delivered a framework for an interim agreement on February 7, 2026, further expanding its global engagement.


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