BS EDIT: More ambition needed on trade

By Business StandardPublished On Dec 23, 2025

A clear policy shift

India’s FTAs with New Zealand and Oman signal a move away from scepticism towards greater openness to global trade integration

Small deals, larger meaning

These are not big economies, but the agreements show intent to expand market access and adapt to global supply chains

Momentum is building

The UAE Cepa, Australia pact and UK FTA together point to a steady recalibration of India’s trade strategy

Bigger talks ahead

Possible resumption with Canada and advanced US talks highlight the higher complexity and impact of deals with major partners

Time is running out

Missed EU and US deadlines must be met by early 2026, before new tariffs begin to undercut growth and exports

The ambition test

Revisiting blocs like the CPTPP is overdue. India’s new trade direction is welcome, but it must now aim higher