India Finalizes 8 FTAs with 37 Developed Nations: Piyush Goyal
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News18•01-02-2026, 11:00
India Finalizes 8 FTAs with 37 Developed Nations: Piyush Goyal
- •Commerce and Industry Minister Piyush Goyal announced India has finalized eight Free Trade Agreements (FTAs) covering 37 developed countries.
- •These agreements were concluded under the Modi government in recent years, significantly expanding India's global trade reach.
- •Key FTAs include those with Mauritius, Australia, UAE, Oman, UK, EFTA, New Zealand, and the European Union.
- •India is actively pursuing new trade pacts with several nations, including Chile, Peru, and Canada, with Chile negotiations nearing conclusion.
- •Discussions are also underway with the Mercosur group, GCC, and SACU, indicating a robust pipeline of future trade deals.
Why It Matters: India has significantly expanded its global trade footprint by finalizing 8 FTAs with 37 developed countries.
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