Overview
- Speaking in Mumbai, the commerce minister said India negotiates from a position of strength and will not open dairy in any trade pact.
- He said India has concluded nine agreements since 2022, describing free trade pacts as invitations to participate in the country’s long-term growth.
- Goyal projected India would add about $26 trillion by 2047, targeting a $30–35 trillion economy and a rise to third-largest by 2027–28.
- Officials pointed to a widening network of partners, including agreements with 38 developed nations across 16 FTAs and 6 PTAs.
- The drive continues with the India–EU pact announced on January 26 now in legal review toward 2026 entry into force, as senior delegations from France, the UK, the UAE, the US, Australia, Seychelles, Sri Lanka and Singapore joined GEC 2026.