06-February-2026
Economy News
 
India sets sail to add more trade muscle as it signs FTA terms with Gulf Cooperation Council
05-Feb-2026

India signed the terms of reference for a free trade agreement (FTA) with the Gulf Cooperation Council (GCC) on Thursday to restart talks for a trade pact that is overdue since 2004. FTA talks between India and the Middle-East group began with the signing of a framework agreement in 2004, followed by two rounds in 2006 and 2008.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/india-sets-sail-to-add-more-trade-muscle-as-it-signs-fta-terms-with-gulf-cooperation-council-saudi-arabia-uae-qatar-kuwait-oman-bahrain/articleshow/127925560.cms