Archive · 24 Jul 2025
India's Trade Diplomacy: Expanding FTAs and Agreements Globally
India is making lots of deals to trade with other countries.
They're signing agreements called FTAs and CEPAs to make it easier to buy and sell things.
One big deal is with the UK.
India already trades with many places, like Sri Lanka and Australia.
They're also talking to other countries, such as the EU and US, to make even more deals.
These agreements help India trade more and grow its economy.
India is expanding its trade pacts globally with FTAs, CEPAs, and PTAs.
The UK FTA is a significant deal, adding to India's existing trade agreements.
India has active FTAs/CEPAs with countries including Sri Lanka, UAE, and Australia.
The India-UK FTA is finalized and will cover goods, services, and procurement.
Negotiations are underway with the EU, US, Canada, and other nations for new trade agreements.
- Who
- India is the primary party involved in expanding its trade agreements.
- What
- India is expanding its international trade agreements.
- When
- As of July 24, 2025, India is finalizing the UK FTA and negotiating with other countries.
- Where
- India is establishing trade agreements with countries globally, including the UK, EU, and US.
- Why
- To expand exports, attract investment, and enhance global competitiveness.
- Type of Agreements
- FTAs, CEPAs, and PTAs
- UK FTA Coverage
- Goods, Services, and Procurement
- India-UAE CEPA
- Eliminates duties on nearly 90% of Indian exports
- India-Australia ECTA
- Offers zero-duty access for over 96% of Indian goods
- India-ASEAN FTA
- Eliminated tariffs on more than 4,000 product lines