India: Oman FTA Ready, NZ Deal Nears, EU Talks Advance

• India has concluded FTA negotiations with Oman, with signing expected during PM Modi's visit to Oman from December 17-18, 2025.
• India is in the final stages of FTA talks with New Zealand and is actively negotiating with several other countries and blocs, including the US, Canada, EU, and EAEU.
• Negotiations for an FTA with the European Union are progressing, with efforts to narrow differences and address the Carbon Border Adjustment Mechanism (CBAM).
• The EU's CBAM, effective January 1, 2026, is expected to significantly impact India's iron, steel, and aluminum industries.

Why It Matters: India's trade deals will drive economic integration and global market access.