Piyush Goyal Welcomes GCC Secretary General, Signs Joint Statement on FTA: ‘Major Step Toward Deep Collaboration’

India, Gulf Cooperation Council sign joint statement on Free Trade Agreement - The Tribune

The GCC region is a significant source of foreign direct investment for India, with cumulative investments exceeding USD 31.14 billion as on September 2025.

Piyush Goyal welcomes GCC Secretary General, signs joint statement on FTA: ‘Major step toward deep collaboration’

India and the GCC have signed a joint statement to launch negotiations for a Free Trade Agreement, aiming for a mutually beneficial deal. The agreement will strengthen trade ties and enhance investment flows between India and the six GCC nations, which are key trading partners.

India, GCC sign joint statement on FTA, launch negotiations

Taking it to social media platform X, Goyal said, "We signed the Joint Statement for the India-GCC FTA, building on the Terms of Reference signed on February 5, 2026, formally launching negotiations for a comprehensive and mutually beneficial agreement."

India and GCC Initiate Free Trade Agreement Talks to Boost Trade

India's External Affairs Minister S Jaishankar and GCC's Secretary General Jasem Mohamed AlBudaiwi have initiated discussions to enhance cooperation in energy, trade, and investment. They signed a joint document to begin negotiations for a Free Trade Agreement aimed at strengthening longstanding economic ties.

India-GCC FTA: Piyush Goyal signs Joint Statement for trade pact with Gulf Cooperation Council

India and the Gulf Cooperation Council have officially launched negotiations for a comprehensive free trade agreement, signing a joint statement to deepen collaboration. This landmark agreement aims to enhance trade in goods, services, digital trade, and cutting-edge technologies, fostering increased investment flows between India and the six GCC member nations.

India Embarks on Landmark Free Trade Agreement Talks with Gulf Cooperation Council

India has formally launched negotiations for a historic free trade agreement with the Gulf Cooperation Council (GCC), a move set to deepen economic ties, unlock trade potential, and foster investment.  Union Commerce and Industry Minister Piyush Goyal signed the Joint Statement with GCC Secretary General Jasem Mohammad Al Budaiwi, in the presence of senior delegations from both sides. The six-member GCC bloc includes Saudi Arabia, the United Ara…