Goyal reviews ongoing FTAs; deliberates ways to fast track negotiations

India is currently negotiating trade deals with developed nations such as the United Kingdom (UK), Canada and the European Union (EU).

Commerce and Industry Minister Piyush Goyal on Tuesday reviewed the progress of India’s ongoing free trade agreement (FTA) negotiations.

“Deliberations focused on ways to fastrack negotiations to achieve mutually beneficial FTAs, paving the way for increased exports, investments and people to people ties,” the minister’s office said in a tweet.

India is negotiating trade deals with developed nations such as the UK, Canada and the EU.

India and the UK had completed five rounds of negotiations in July. Last month, Commerce Secretary BVR Subrahmanyan had said the India-UK free trade FTA negotiations will be concluded by August 31