Lok Sabha Question No. 2889 (UNSTARRED), answered on 2023-12-20
Subject: FTA
Ministry: COMMERCE AND INDUSTRY
Asked by: Pushpendra Singh Chandel

## GOVERNMENT OF INDIA MINISTRY OF COMMERCE & INDUSTRY (DEPARTMENT OF COMMERCE)

## LOK SABHA UNSTARRED QUESTION NO. 2889 TO BE ANSWERED ON 20/12/2023

## FTA

## 2889.  SHRI KUNWAR PUSHPENDRA SINGH CHANDEL:

Will the Minister of COMMERCE & INDUSTRY ( वाणिज्य एवं उद्योग मंत्री ) be pleased to state:

- (a) whether  Free-Trade  Agreement (FTA) initiatives  have  been  taken  by  the  Government  with various countries to promote trade;
- (b) if so, the details thereof;
- (c) whether the Government has also initiated Free-Trade Agreement (FTA) with Britain;
- (d) if so, the details thereof; and
- (e) the time by which the said FTA is likely to be implemented?

## ANSWER

okf.kT; ,oa m|ksx ea=ky; esa jkT; ea=h ¼Jherh vuqfiz;k iVsy½

## THE MINISTER OF STATE IN THE MINISTRY OF COMMERCE AND INDUSTRY (SMT. ANUPRIYA PATEL)

(a) & (b) India has signed 13 Free Trade Agreements (FTAs) with its trading partners to promote trade, a list of which is annexed. Further, India is presently engaged in FTA negotiations with a number of  trading  partners,  namely,  the  United  Kingdom;  the  European  Union;  Peru;  Iceland,  Norway, Liechtenstein and Switzerland (EFTA countries); Sri Lanka and Oman.

(c) to (e) India  and  the  United  Kingdom  are  negotiating  a  Free  Trade  Agreement  (FTA).  13 rounds of negotiations have been held so far. Both the countries are engaged in working out a trade deal  that  is  fair,  equitable  and  mutually  beneficial,  and  takes  into  consideration  the  ambitions  and sensitivities of both the sides.

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## Annexure

Annexure referred to in reply to Parts (a) & (b) of Lok Sabha Unstarred Question No. 2889 for answer on 20.12.2023

## List of India's Free Trade Agreements (FTAs)

|   Sl. No. | Name of the Agreement                                                                                                                                                        |
|-----------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|         1 | India - Sri Lanka FTA                                                                                                                                                        |
|         2 | Agreement on SAFTA (India, Pakistan, Nepal, Sri Lanka, Bangladesh, Bhutan, the Maldives and Afghanistan)                                                                     |
|         3 | India Nepal Treaty of Trade                                                                                                                                                  |
|         4 | India - Bhutan Agreement on Trade Commerce and Transit                                                                                                                       |
|         5 | India - Thailand FTA - Early Harvest Scheme (EHS)                                                                                                                            |
|         6 | India - Singapore CECA                                                                                                                                                       |
|         7 | India - ASEAN- CECA - Trade in Goods, Services and Investment Agreement (Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam) |
|         8 | India - South Korea CEPA                                                                                                                                                     |
|         9 | India - Japan CEPA                                                                                                                                                           |
|        10 | India - Malaysia CECA                                                                                                                                                        |
|        11 | India - Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA)                                                                                       |
|        12 | India-UAE CEPA                                                                                                                                                               |
|        13 | India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA)                                                                                                      |

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