Hand organized picket dice blocks with authorized signed and phrase FTA, abbreviation for Free Trade Agreement, and blurred stack of coin on world map background istock picture for BL
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The ongoing battle in West Asia goes to create delays in India’s negotiations on free commerce agreements (FTA) with each the Gulf Cooperation Council countries, in addition to with Israel, a senior official within the Ministry of Commerce mentioned.
The FTA with the U.Okay., nevertheless, could possibly be carried out by May 1 and the commerce settlement with the European Union could possibly be ratified by the European Parliament by the tip of November this 12 months, they added.
“There are several impacts of the war in the Middle East, but one of them is that our talks with the GCCs and Israel will be delayed, since most of the parties involved are at war currently,” the official defined, declining to be named because the matter remains to be underneath dialogue.
Negotiations for a free commerce settlement between India and the GCC countries— Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE)— had been formally launched on February 24 with the signing of a joint assertion by the 2 sides.
The identical month, between February 23-26, India and Israel additionally held the primary spherical of negotiations for a bilateral FTA.
“The implementation of the U.K. FTA should happen by end-April, and we might decide to announce it on May 1,” the official mentioned, including that India was in search of a “significant date” to announce it, and that International Labour Day was a great and early candidate.
The India-U.Okay. Comprehensive Economic and Trade Agreement (CETA) was signed on July 24, 2025.
“The European side has indicated that the ratification of our FTA with them would be completed by end-November,” the official mentioned, including that the deal would “certainly” be authorized by the tip of this calendar 12 months. The deal was concluded in January this 12 months.
Published – March 19, 2026 06:48 pm IST
