You are here: Home » Opinion » Columns
Carlsen vs Niemann: Cheating on chessboard
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

Free Trade Agreements | Commerce ministry | BS Opinion

Naushad Forbes 

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 (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 Australia, and negotiations are at various stages of conclusion with the UK, Canada and the EU.



What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.


Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, September 21 2022. 22:30 IST