The Indian government is getting more active in seeking out bilateral trade agreements, mainly with other so-called developing countries.
Delhi has signed limited free trade agreements with Sri Lanka (1998) and Thailand (2003) plus a number of preferential trade agreements (tariff concession schemes) with countries/blocs such as Afghanistan, Nepal, Chile and Mercosur. At the end of June 2005, the government signed a Comprehensive Economic Cooperation Agreement with Singapore, what many consider India’s first "comprehensive" FTA. India expects to upgrade its pact with Sri Lanka into a similar type of Comprehensive Economic Partnership Agreement. In 2009, India signed an FTA with ASEAN.
Currently, bilateral FTA negotiations are going on with the GCC, Bangladesh, Canada, Colombia, Israel, New Zealand, Uruguay, Venezuela and Mauritius. Since 2007/2008, India commenced FTA talks with industrialised powerhouses Japan, EFTA and the EU. These are the deals that are generating the most controversy and resistance at home.
Further down the line, the government is in various stages of considering talks with Indonesia, Malaysia, China, Korea, Egypt, SACU (Southern African Customs Union), Russia, , Hong Kong and Australia.
India is also part of SAFTA (the South Asia FTA), BIMSTEC (aiming to develop an FTA) and IBSA (the India-Brazil-South Africa triangle aiming to develop a trilateral South-South FTA).
India’s growing business community is lobbying for an India-US FTA, but for the moment Washington and Delhi are still building their bilateral relations through a possible investment treaty as well as smaller sectoral deals.
last update: May 2012
In whose interest is EU-India FTA being negotiated? | 16-May-2013
Colombia: Paro nacional de productores | 13-May-2013
Japanese movement against TPP growing | 10-May-2013
Traders protest against govt policies on FDI, FTA | 6-May-2013
Carta abierta al presidente Correa: No al TLC con la UE | 30-April-2013
Japan’s rice lobby visits Capitol Hill to fight free trade pact | 25-April-2013
Relase IPA Activists that demand to stop trade liberalization! | 22-April-2013
Indios rechazan la firma de un TLC con Unión Europea | 12-April-2013
L’accord entre l’Union Européenne et l’Inde menace l’accès aux traitements en Afrique du Nord et au Moyen-Orient | 12-April-2013
Join the rally to oppose EU-India FTA! | 9-April-2013
Colombia: Nueve propuestas mínimas para la reafirmación de la soberanía frente al capital transnacional | 26-March-2013