India's FTA Strategy
Context and Comparison
India significantly accelerated its trade agreement strategy after 2021, signing agreements with the UAE (CEPA, 2022), Australia (ECTA interim deal, 2022), and the UK (CETA, 2025). This marks a shift from the 2014–2021 period, when India largely withdrew from multilateral trade negotiations (exiting RCEP in 2019).
- India–UAE CEPA (2022): First CEPA signed after 2011; bilateral trade target $100 billion by 2030
- India–Australia ECTA (2022): Interim deal covering goods; full CETA negotiations ongoing
- RCEP (Regional Comprehensive Economic Partnership): India exited negotiations in November 2019, citing concerns over China market access, agricultural sector exposure, and inadequate services provisions
- WTO-compatible: All India FTAs must conform to GATT Article XXIV (goods) and GATS Article V (services), which require "substantially all trade" to be liberalised
- Bilateral trade (India–UK): USD 56 billion (current); joint target to double to USD 112 billion by 2030
- India's share of UK trade: The CETA is expected to increase India–UK trade by an estimated 25–40% over the next decade
● Tracked since February 24, 2026 · last seen June 27, 2026 · updates as the daily brief publishes
11 Jun '26
India-EFTA Trade and Economic Partnership Agreement: Implementation and Key Provisions
Economics
27 Apr '26
India–New Zealand Free Trade Agreement: Advancing Rule-Based Trade Architecture
Economics
27 Apr '26
India-New Zealand FTA: Negotiation History, Speed Record, and Strategic Significance
Economics
02 Apr '26
India-UK Comprehensive Economic and Trade Agreement: Implementation Imminent
International Relations
29 Mar '26
Commerce Minister Piyush Goyal to Visit Canada in May for FTA Trade Talks
International Relations
International Relations
Free Trade Agreements
International Relations
India-Canada Relations
International Relations
Rules of Origin
International Relations
India-Middle East-Europe Economic Corridor (IMEC)
International Relations
India-Israel Bilateral Relations
International Relations
India-EFTA Trade and Economic Partnership Agreement (TEPA)
See it in today’s brief.
Daily current affairs with every static concept explained in place.
Read the daily brief