Trade minister Piyush Goyal says India is negotiating additional free trade agreements (FTAs) with eight to nine more blocs, with a goal of covering about 75% of global trade. He points to earlier FTAs already concluded or in effect as part of a broader strategy to expand India’s access to overseas markets.
Goyal highlights that trade pacts with partners including Japan and South Korea, as well as arrangements with the ASEAN region, are contributing to significant economic opportunities. One outlet notes that these earlier agreements have opened up an estimated $10 trillion of global GDP linked to trade flows and markets.
Both sources present the negotiation figure and the target coverage as central elements of the message. The coverage differs mainly in emphasis: one focuses on the number of additional blocs and the stated global-trade target, while the other underscores the scale of GDP exposure linked to already-completed agreements. No further details on specific blocs, timelines, or sectoral impacts are provided in the excerpts.
