Signed, Sealed and Exporting

India’s trade agreement strategy is transitioning from expanding its network of Free Trade Agreements (FTAs) to achieving fuller utilization of market access. In FY 2025-26, combined merchandise and services exports reached US$ 863.1 billion, with merchandise exports at US$ 441.8 billion, continuing with an estimated US$ 232.73 billion during April-June 2026. Key agreements such as the India-UAE CEPA and India-Australia ECTA illustrate early successes in bilateral trade volumes and export growth. The utilization of these pacts is supported by government initiatives like the e-CoO 2.0 digital platform, simplified origin rules, self-declarations, and the Trade Connect platform. Furthermore, recent FTAs expand market access for both merchandise goods across labour-intensive sectors and services professionals through provisions like mobility pathways, Mutual Recognition Agreements, and safeguards for domestic priorities.