Ministry of Commerce & Industry
azadi ka amrit mahotsav

STATUS OF FREE TRADE AGREEMENTS

Posted On: 17 DEC 2021 4:26PM by PIB Delhi

India-Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA) is the only Free Trade Agreement (FTA) that India has entered into in the last 5 years.  It was signed on 22.02.2021 and implemented w.e.f. 01.04.2021. Mauritius is located in the continent of Africa.

The continent-wise details of FTAs that India is currently negotiating are as follows:

 

Sl.

Continent

Countries/Regions

Name of the Agreement

1

Asia

UAE

India-UAE CEPA

2

Asia

Israel

India – Israel Free Trade Agreement (FTA)

3

Asia/Europe

Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia

India-Eurasian Economic Union (EAEU) Free Trade Agreement (FTA)

4

Europe

United Kingdom

India-UK Enhanced Trade Partnership (ETP)

5

Europe

European Union

India - EU Broad Based Trade and Investment Agreement (BTIA)

6

North America

Canada

India – Canada Comprehensive Economic Partnership Agreement

7

Australia

Australia

India - Australia Comprehensive Economic Cooperation Agreement (CECA)

8

Africa

South Africa, Botswana, Lesotho, Swaziland and Namibia

India - SACU PTA

It is a continuous endeavour to conclude the negotiations at the earliest. However, deadline for completion of an FTA negotiation cannot be predicted as an agreement is reached only when all negotiating countries are satisfied with the outcome.

A chapter on Trade in Services is included in most of the trade agreements of India.This chapter includes an Annexure/Chapter on Movement of Natural Persons which provides disciplines on facilitating and streamlining the procedures for the temporary entry and stay of service suppliers.

This information was given by the Minister of State in the Ministry of Commerce and Industry, Smt. Anupriya Patel, in a written reply in the Rajya Sabha today.

***

DJN/MS/PK



(Release ID: 1782687) Visitor Counter : 1019


Read this release in: Urdu