Rahman, Nida and Sharma, Krishan

Emergence of free trade agreements as a trade policy instrument in India - Economic & Political Weekly - 60(19), May 10, 2025: p.18-22

Free trade agreements have become vital trade policy instruments for India, addressing the issue of untapped export potential and harmonising trade policies with potential trading and strategically important countries. India recently inked FTAs with Australia and UAE in 2022. By strategically leveraging FTAs, India aims to diversify its export destinations, reduce trade barriers, and maximise economic welfare while treading cautiously to ensure fair competition, address trade imbalances, and mitigate the complexity of overlapping agreements.- Reproduced

https://www.epw.in/journal/2025/19/commentary/emergence-free-trade-agreements-trade-policy.html