From Australia to Sri Lanka to the Gulf, India expands push for new FTAs – Firstpost

From Australia to Sri Lanka to the Gulf, India expands push for new FTAs – Firstpost

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India has also signed terms of reference (ToR) to enter trade pacts with Israel, the Maldives, the Philippines and the Gulf Cooperation Council (GCC)

Days after securing deals with the European Union and the US, India is now working on negotiating Free Trade Agreements (FTA) with Australia, Chile, Peru, the Eurasian Economic Union (EAEU) and Sri Lanka. New Delhi is also reviewing current trade agreements with Asean member states and South Korea.

Apart from this, India has signed terms of reference (ToR) to enter trade pacts with Israel, the Maldives, the Philippines and the Gulf Cooperation Council (GCC). MoS of Commerce and Industry, Jitin Prasada, has said, “India is actively participating in regional and plurilateral platforms to support diversified and sustainable supply chains, including the Indo-Pacific Economic Framework for Prosperity (IPEF).”

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