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The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.

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2026-05-01 · via The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.
‘India has recalibrated its foreign trade policy’

‘India has recalibrated its foreign trade policy’ | Photo Credit: PTI

India concluded a Free Trade Agreement (FTA) with New Zealand in December 2025, at a time marked by fractured supply chains and rising protectionist tendencies among nations. Guided by the vision of “Viksit Bharat”, India has recalibrated its foreign trade policy, transitioning from a cautious, tariff-focused negotiator to a strategic, high-velocity partner. This shift characterises a clear departure from the historical “slow burn” model of trade diplomacy. There are six key wins for India in this FTA, as it aligns with the Viksit Bharat blueprint for trade policy based on strategic autonomy and global integration.”

First, this pact is one of India’s fastest-concluded FTAs, with negotiations officially launched in March 2025 and concluded in December 2025. This gives India a first-mover advantage in Oceania while also signalling its swift institutional integration and ambitious posture to other partners. This fresh display of efficiency and the ability to compress negotiation cycle times is a new deliverable from India to its trade partners.

Published - May 01, 2026 12:08 am IST