Business Standard

What should India's FTA agenda be?

No country is better placed than India to take advantage of the China+1 strategy. But first industry must believe in itself, then trade can drive the future

Illustration: Binay Sinha
Premium

Illustration: Binay Sinha

Naushad Forbes
The world is full of regional trade agreements. India is no exception. Through 2012, India signed trade agreements with Sri Lanka, Bangladesh, Asean, Japan and South Korea.  Across industry and government, a view emerged that free trade agreements (FTAs) had not served India well, and had even actively damaged Indian industry. This view was flawed, but it led to our withdrawal from a key agreement with much of Asia — the Regional Comprehensive Economic Partnership or RCEP — in 2019. After a long hiatus, we have returned to the FTA negotiating table. Agreements have been signed with the UAE and
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

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

First Published: Sep 21 2022 | 10:30 PM IST

Explore News

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

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com