India–GCC FTA Negotiations
The proposed India–GCC FTA, if concluded, would be India's largest multilateral trade agreement by trade value, covering a bloc that accounts for over 15% of India's global trade.
- Negotiations first launched in 2006; suspended in 2011 over disagreements on goods and services liberalisation.
- Terms of Reference for resumption signed February 2026; formal negotiations to commence subsequently.
- A concluded FTA could target USD 200 billion bilateral trade by 2030.
- Key issues: India's protection of sensitive agriculture, GCC's interest in petrochemical and energy service exports, and services/mobility provisions for Indian professionals.
● Tracked since March 19, 2026 · last seen April 27, 2026 · updates as the daily brief publishes
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