Trade / Import-Export Data

India is actively pursuing a network of trade agreements to bolster exports and attract foreign investment, signaling a strategic shift towards deeper global economic integration. Recent discussions with Switzerland aim to finalize the EFTA Trade and Economic Partnership Agreement, targeting significant investment and job creation across sectors like agriculture and pharmaceuticals. Simultaneously, negotiations with the EU are progressing, with hopes for a landmark free trade agreement by 2026, potentially creating a combined market of $25 trillion. These efforts, alongside engagements with the Netherlands and Germany, underscore India's ambition to diversify trade routes and strengthen supply chain resilience, while the extension of the RELIEF export initiative provides crucial support for businesses navigating ongoing geopolitical risks in West Asia.