Goyal calls for nationwide push to unlock export benefits under FTAs
Mint 1 hr ago·3 Sept 2026, 11:39 am
Commerce Minister Piyush Goyal has urged a nationwide push to fully utilize the benefits available under India's Free Trade Agreements (FTAs). Speaking at a workshop in New Delhi, Goyal emphasized that these nine FTAs cover economies with a combined GDP of approximately $60 trillion, offering preferential access to a vast majority of global trade.
For investors, this move is significant as it aims to boost India's export competitiveness and diversify trade partners. By unlocking these benefits, the government hopes to reduce reliance on traditional markets and strengthen the country's position in global supply chains. This could have a positive long-term impact on sectors that are heavily dependent on international trade.
Investors should watch for specific policy announcements and implementation timelines. While the potential for increased exports is promising, the actual impact will depend on how effectively these agreements are executed across various industries and states.
Excerpt from Mint
Addressing a national workshop in New Delhi on leveraging free trade agreements, commerce minister Piyush Goyal said India's nine FTAs currently cover economies representing about $60 trillion in GDP and provide preferential access to nearly two-thirds of global trade. Commerce and industry minister Piyush Goyal on…Read the original at Mint
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