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GOVERNMENT OF INDIA
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
RAJYA SABHA
UNSTARRED QUESTION NO. 889
ANSWERED ON 06/02/2026
FTA TO MAINTAIN SUPPLY CHAIN
889. SHRI RAJEEV SHUKLA
Will the Minister of COMMERCE AND INDUSTRY be pleased to state:
(a) whether the Ministry has signed any Free Trade Agreement (FTA) to maintain the
supply chain in view of the recent tariff hikes by the US; and
(b) if so, the details thereof and if not, the reasons therefor?
ANSWER
THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY
(SHRI JITIN PRASADA)
(a) & (b) Free Trade Agreements (FTA) primarily increase trade, including through
enhanced market access, trade in services, addressing non-tariff barriers, investment
promotion, and economic and technical co-operation. FTAs aim to build on trade
complementarities to increase trade and investment, thereby enhancing export
potential, creating prospects for industry and farmers, and creating job opportunities.
In this financial year, the Government has signed Comprehensive Economic and
Trade Agreement (CETA) with the United Kingdom (UK) on 24th July, 2025 after
completion of negotiations which were launched in 2022. The Government has also
signed Comprehensive Economic Partnership Agreement (CEPA) with Oman on 18th
December, 2025 for which negotiations commenced in 2023. India announced
conclusion of negotiations on India-New Zealand FTA on December 22, 2025. Also,
India announced the conclusion of negotiations of India and the European Union (EU)
Free Trade Agreement on January 27, 2026.
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