Doubts remain over the effectiveness of India’s FTAs as partner countries' exports have often outpaced India's, raising concerns about their benefits
The Department of Commerce will propose new FTA norms to address concerns, avoid protectionism, and boost export growth, refining India’s trade negotiations
India has progressed in FTA talks with the UK, EU, UAE, and Australia, but turning preliminary agreements into comprehensive deals faces challenges and delays
Long-term FTA talks, particularly with EU, face gaps in institutional memory. New SOPs aim to address this, ensuring negotiators build on past discussions better
FTAs open markets, but it's vital that Indian exporters benefit. Highlighting opportunities and tackling non-tariff barriers is key to industry success
New FTAs go beyond trade, covering environmental and labour rules. Empowering negotiators and using external expertise can help India seize global opportunities