Eight FTAs under Negotiation
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.No |
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 on
17 December 2021.