India negotiating trade pact with US, EU, other nations: Goyal

Piyush Goyal said that lowering trade barriers globally will help promote free flow of goods, services and capital.

Published on: Nov 14, 2025, 15:12:42 IST

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Commerce and Industry Minister Piyush Goyal on Friday said India is negotiating free trade agreements at present with countries, including the US, European Union, New Zealand, Oman, Peru and Chile.

Piyush Goyal said that the Centre has removed as many as 42,000 compliances and abolished 1,500 laws. ((Bloomberg))

He also said that India Trade Promotion Organisation (ITPO) would be happy to join hands with the state government to develop a world class convention centre - Andhra Mandapam - like Bharat Mandapam in New Delhi.

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The minister added that lowering trade barriers globally will help promote free flow of goods, services and capital.

India has already implemented free trade agreements with countries such as UAE, Australia and four nation European bloc EFTA.

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"We are currently negotiating with the EU, US, Oman, New Zealand, Chile and Peru and many more wanting us to start negotiations," he said here at CII Partnership Summit 2025.

To promote ease of doing business, he said the Centre has removed as many as 42,000 compliances and abolished 1,500 laws.

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