India has finalised eight free trade agreements (FTAs), covering 37 developed countries in the last few years, Commerce and Industry Minister Piyush Goyal has said. He also said that India is in active dialogue for similar pacts with several countries, including Chile, Peru and Canada. Trade negotiations with Chile, he said, are almost at conclusion, where India has interests in critical minerals. ADVERTISEMENT"We've done eight free trade agreements covering 37 developed countries in the last few years under the Modi-government," the minister told PTI. Under trade pacts, two or more nations either eliminate or reduce import duties on the maximum number of goods traded between them.

Source: The Telegraph February 01, 2026 07:56 UTC