Piyush Goyal says India negotiating FTAs with 8 to 9 more blocs, aims to cover 75% of global trade

Union Minister Piyush Goyal in Tokyo, Japan, during a meeting with business representatives, on August 24, 2026. | Photo Credit: X/@PiyushGoyal India is in negotiations with at least 8 to 9 more groups of countries and individual nations that together account for another $15 trillion of GDP, Commerce and Industry Minister Piyush Goyal said on Monday (August 24, 2026).He added that the country's free trade agreements would eventually cover about 75% of global trade and help position India as a trusted partner in global value chains.India has a large domestic market and it opens its doors to the world with nine free trade agreements signed in the last four years, he said in Tokyo, while addressing business representatives from India and Japan.These nine agreements cover economies with a comb