India - Country Commercial Guide
Trade Agreements

Describes trade agreements this country is a party to. Includes resources where U.S. companies can get information on how to take advantage of these agreements.

Last published date: 2022-09-08

There is no trade agreement between the United States and India.  In April 2018, the United States launched an eligibility review of India’s compliance with the General System of Preferences (GSP) market access criteria.  In March 2019, the United States determined that India no longer met the criteria and revoked India’s GSP status.  Termination of GSP benefits removed special duty treatment for $5.6 billion of Indian exports to the United States, affecting India’s export-oriented sectors such as pharmaceuticals, textiles, agricultural products, and automotive parts.  The United States and India continue to hold discussions on a range of trade issues.

India actively engages in regional and bilateral trade negotiations to diversify and expand its export markets while ensuring access to the raw materials, intermediates, and capital goods needed to stimulate domestic manufacturing.  Presently, India shares preferential market access and economic cooperation through trade agreements with over 50 countries. 

The following table lists the major bilateral and regional agreements that India has signed and implemented.

Table: Major Bilateral and Regional Agreements with India (signed and implemented)

No.

Acronym

Grouping

Member Countries

FTA/PTA

 

 

 

Number

Names

 

1

CEPA

Comprehensive Economic Partnership Agreement (CEPA)

2

India, UAE

FTA

2

ECTA

Economic Cooperation and Trade Agreement (ECTA)

2

India, Australia

FTA

3

CECPA

Comprehensive Economic Cooperation Partnership Agreement (CECPA)

2

India, Mauritius

FTA

4

APTA

Asia Pacific Trade Agreement

6

Bangladesh, China, India, Lao PDR, Republic of Korea, Sri Lanka

PTA

5

India ASEAN TIG

India ASEAN Trade in Goods Agreement

11

Brunei, Burma, Cambodia, Indonesia, Laos, Malaysia, Philippines, Singapore, Thailand, Vietnam, and India

FTA

6

GSTP

Global System of Trade Preferences

42

Algeria, Argentina, Bangladesh, Benin, Bolivia, Brazil, Burma Cameroon, Chile, Colombia, Cuba, Republic of Korea, Ecuador, Egypt, Ghana, Guinea, Guyana, India, Indonesia, Iran, Iraq, Libya, Malaysia, Mexico, Morocco, Mozambique, Nicaragua, Nigeria, Pakistan, Peru, Philippines, Republic of Korea, Singapore, Sri Lanka, Sudan, Thailand, Trinidad and Tobago, Tunisia, Tanzania, Venezuela, Vietnam, Zimbabwe

PTA

8

SAFTA  

South Asia Free Trade Agreement

7

India, Pakistan, Nepal, Sri Lanka, Bangladesh, Bhutan, and the Maldives

FTA

9

ISLFTA

Indo Sri Lanka Free Trade Agreement

2

Sri Lanka, India

FTA

11

ISCECA 

India Singapore Comprehensive Economic Cooperation Agreement

2

Singapore, India

FTA

12

JICEPA 

Japan India Comprehensive Economic Partnership Agreements

2

Japan, India

FTA

 

13

IKCEPA 

India Korea Comprehensive Economic Partnership Agreements

2

South Korea, India

FTA