08-July-2026
Economy News
 
India's trade deficit with Japan triples in 10 years; FTA review underway to boost investments
07-Jul-2026

As India's merchandise trade deficit with Japan nearly tripled from $5.18 billion in 2015-16 to $15.4 billion in 2025-26, the government is reviewing the existing free trade agreement (FTA) with the island nation. While officials acknowledge that it is difficult for Indian exporters to make significant inroads into the Japanese market, they believe the pact can be better leveraged to attract higher Japanese investments into India.

News Source:- https://www.newindianexpress.com/business/2026/Jul/06/indias-trade-deficit-with-japan-triples-in-10-years-fta-review-underway-to-boost-investments