Union Minister for Commerce and Industry Piyush Goyal at FICCI 98th AGM in New Delhi on November 28. (Screengrab)
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CNBC TV1810-12-2025, 16:20

India Nears FTA Deals with Oman, NZ, Chile, Israel: Goyal

  • India is in the final stages of Free Trade Agreement (FTA) negotiations with Oman, New Zealand, Chile, and Israel.
  • Commerce Minister Piyush Goyal stated that FTAs with Oman and New Zealand are expected to conclude soon.
  • Negotiations with Chile are nearing completion, focusing on market access, critical minerals, and intellectual property rights.
  • India and Israel have appointed chief negotiators to formally launch FTA discussions, aiming to enhance economic engagement.
  • The India-Oman Comprehensive Economic Partnership Agreement (CEPA) negotiations began in November 2023, with an official announcement expected soon.

Why It Matters: India's expanding trade deals promise new economic opportunities and global integration.

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