Time is ripe for India to explore trade deal with AfCFTA: Commerce Secy

AfCFTA brings together the 55 countries of the African Union and eight regional economic communities to create a single market for the continent

indian economy, exports, imports, trade deficit
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The commerce secretary’s statement comes at a time when Indian has signed two trade pacts with the United Arab Emirates (UAE) and Australia in February and April, respectively

Shreya Nandi New Delhi
With the signing of the world’s largest  free trade area–African Continental Free Trade Area (AfCFTA)--the time is right for India to explore a trade with the union, commerce secretary BVR Subrahmanyan said on Wednesday.

“The African Continental FTA came into force in January last year. I know it's early years, a lot of it has to get operationalized, I think the time has come for India and Africa to also start talking about engaging in a comprehensive economic partnership or a free trade agreement,” Subrahmanyan said at the 17th CII-Exim Bank conclave.

“Officials (from India) will be engaging with some

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First Published: Jul 20 2022 | 9:23 PM IST

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