Government Expands FTAs, Export Promotion Measures to Diversify Export Markets
GST
Dated:- 21-7-2026
Free Trade Agreements to Expand Export Opportunities, Enhance Market Access and Address Non-Tariff Barriers
Export Promotion Mission, E-Commerce Export Hubs and Logistics Reforms Drive Cross-Border E-Commerce Exports
Government has undertaken several initiatives to diversify export markets in light of evolving global geopolitical and economic developments. These include expanding network of Free Trade Agreements (FTAs) and Comprehensive Economic Partnership/Cooperation Agreements (CEPAs/CECAs); pursuing trade negotiations with major economies and regions to secure preferential market access for exporters; undertaking focused export promotion activities through Export Promotion Mission, Indian Missions overseas, Export Promotion Councils (EPCs), industry associations and other stakeholders; implementing district and sector-specific export promotion initiatives under th
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Technical Barriers to Trade to promote mutual understanding of each sides' standards, technical regulations, and measures to enhance transparency. These provisions facilitate smoother and more effective access to export markets for Indian goods. Government engages with its trading partners through bilateral, regional and multilateral mechanisms to address non-tariff barriers (NTBs) and improve market access for Indian exports. These includes holding regular meetings and direct talks with partners through Joint Committees and Working Groups established under trade agreements to solve specific export problems to align with emerging global requirements, consultations with partner countries to resolve market access issues, technical discussions on sanitary and phytosanitary (SPS) measures, technical barriers to trade (TBT), standards, conformity assessment procedures and regulatory requirements and continuous engagement with stakeholders to identify and address market access concerns in ke
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nding and packaging, market access initiatives, export logistics & warehousing, and trade intelligence.
2. Implementation of the E-Commerce Export Hub (ECEH) initiative on a pilot basis to create an integrated ecosystem for e-commerce exports by facilitating logistics, customs clearances and other export-related services.
3. The District Export Hub (DEH) Initiative provides the district-level framework for decentralised export promotion. In each district, the effort is to identify and prioritise 3-5 products/services with viable export potential for targeted interventions.
4. Reforms to simplify exports through courier mode and reduce compliance burden:
• The Reserve Bank of India (RBI) has relaxed export reconciliation requirements for small-value exports up to Rs.10 lakh by permitting closure of export transactions in the Export Data Processing and Monitoring System (EDPMS) on the basis of declarations furnished by exporters and reconciliation undertaken by bank
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Centers (EFCs) in its field offices across the country with the aim of providing requisite mentoring and handholding support to MSMEs in exporting their products and services.
8. International Cooperation (IC) Scheme of Ministry of MSME aims to build capacity of MSMEs by facilitating their participation in international exhibitions/fairs/conferences/seminar/buyer-seller meets abroad as well as reimbursement of various costs.
This information was given by Minister of State for Ministry of Commerce and Industry, Shri Jitin Prasada in a written reply in Lok Sabha today.
Annexure I
India's recent Free Trade Agreements (FTAs)
Sl.
No.
Name of the Agreement
Date of signing
Date of implementation
1
India – Mauritius Comprehensive Economic Cooperation and Partnership Agreement (CECPA)
22nd February, 2021
1st April, 2021
2
India-UAE CEPA
18th February, 2022
1 st May 2022
3
India-Australia Economic Cooperation and Trade Agreement
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