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Global Wars Are Freezing India's Trade Deals Worth One-Fifth of Its Commerce
The Hindu·Wednesday, 22 July 2026
Ongoing global conflicts are stalling India's free trade agreement negotiations with the Gulf Cooperation Council, Israel, and the Russia-led Eurasian Economic Union. Together, these deals cover countries that account for about 20% of India's total trade. The delays mean India risks losing out on preferential access to key markets.
Why It Matters
Free trade agreements directly affect prices, exports, and jobs. If one-fifth of India's trade is stuck in limbo because of wars elsewhere, it affects businesses and workers across sectors from textiles to technology.
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