Wednesday, December 17, 2025 | 07:00 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

India's revamped FTA strategy

Its focus is at odds with the country's imperative of having an employment-promoting trade policy

Import, Export, trade, protectionism, Free Trade agreements, deals, FTA, Shipping, Sea ways, Sea transport, Water ways, Water transportGrowth, Economy
premium

Amita Batra
Recent statements from the commerce ministry have indicated that India is going to revamp its Free Trade Agreement (FTA) strategy and that FTA negotiations would be expedited towards early conclusion. The news is encouraging given that India has not signed any major FTA in the last 10 years, when the cumulative number of regional trade agreements in force globally has increased from 224 to 350. India signed its last trade agreement, a Comprehensive Economic Cooperation Agreement (CECA) with Malaysia in 2011. Since then only a comprehensive economic cooperation and partnership agreement, covering a small number of commodities, was signed with
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper