Business Standard

If delay in FTA talks, GCC nations can join India-UAE trade deal

The clause was added to the agreement to encourage other countries to join the pact, making it a regional agreement, the sources said

India UAE

Experts said that finalisation of the trade deal with GCC could be tricky, considering the differences between some of the nations of the regional, intergovernmental political-economic union.

Shreya Nandi New Delhi
The other member countries of the six-nation Gulf Cooperation Council (GCC) will have the option to join the India-United Arab Emirates (UAE) trade deal on the same terms and conditions, if the launch of the free-trade agreement (FTA) negotiations between New Delhi and the GCC is further delayed, said people aware of the matter.
In the India- UAE free-trade agreement, the two have kept a clause that if both nations agree, a third country or a group of nations shall have the option to be a party to the trade pact. This means that the country would have to offer

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 28 2022 | 8:40 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to