India Commerce Secy Rajesh Agrawal to Visit Chile This Month to Review CEPA Talks: Official

India shifts trade strategy, favours PTAs over FTAs with South Africa, Mercosur & others: Official

India will pursue preferential trade agreements with developing economies like South Africa. This approach opens select product categories instead of deep market access. India is also negotiating preferential trade agreements with Mercosur and exploring options with Mexico. The government emphasizes inclusive stakeholder consultations for all trade pacts. This consultative style contrasts with previous trade negotiation practices.

India to pursue PTAs over FTAs with developing economies like South Africa: Senior government official

India will pursue Preferential Trade Agreements (PTAs) rather than full-fledged Free Trade Agreements (FTAs) with developing economies such as South Africa, opting for a calibrated approach that opens up only select product categories rather than deep, across-the-board market access, according to a senior government official.

India Commerce Secy Rajesh Agrawal to visit Chile this month to review CEPA talks: Official

Commerce Secretary Rajesh Agrawal will visit Chile this month for trade talks. India and Chile are negotiating to expand their existing trade agreement. This new pact aims to cover digital services and critical minerals. Chile is India's fifth-largest trading partner in the Latin American region. India also pursues trade agreements with Mercosur, Mexico, and Kenya.