While India has shown renewed interest in finalizing free trade agreements, or FTAs, particularly in response to U.S. threats of reciprocal tariffs, its protectionist stance and other obstacles will likely delay the completion of deals. On March 16, India's Commerce and Industry Minister Piyush Goyal and New Zealand's Trade and Investment Minister Todd McClay announced that negotiations for an India-New Zealand FTA will begin in April. This followed the 10th round of India-EU FTA negotiations on March 10-14 and European Commission President Ursula von der Leyen's visit to India on Feb. 27, which yielded an announcement from von der Leyen that both sides had agreed to finalize an FTA by the end of 2025. Meanwhile, on Feb. 24, India's Goyal and the United Kingdom's Business Secretary Jonathan Reynolds announced the resumption of negotiations for a proposed India-U.K. FTA. ...
