India and GCC start FTA negotiations to expand trade investment and market access across goods services
India Gulf Cooperation Council Begin Free Trade Agreement Talks
India and the Gulf Cooperation Council have agreed on terms of reference to begin negotiations for a proposed free trade agreement aimed at expanding economic cooperation and market access between the two sides.
India Gulf Cooperation Council Free Trade Talks
Officials confirmed both sides finalised the framework required to formally start trade pact negotiations. The agreement sets the scope and structure of discussions covering goods, services and investment cooperation.
The talks are expected to address tariff reductions and regulatory facilitation to boost bilateral trade volumes.
Trade and Investment Cooperation
The Gulf region is a major energy supplier and an important export destination for India, while Indian companies operate extensively across infrastructure, services and technology sectors in GCC countries.
Negotiators are expected to examine market access for manufacturing, agriculture and professional services along with easier investment rules.
Economic Partnership Outlook
Authorities said the proposed agreement could strengthen supply chains and enhance long term economic integration. The discussions are part of broader efforts to expand trade partnerships and diversify economic engagement.
Formal negotiations are expected to proceed in phases once schedules are agreed by both sides.
