FTA Route Preferred by More Exporters; Pacts With UAE, Australia in Demand

The utilisation of free trade agreements (FTA) by Indian exporters is on the rise.

- FE BUREAU

During FY25, there was a sustained and notable increase in the issuance of preferential Certificates of Origin (COO) to Indian exporters under FTAs, particularly those with Australia and the United Arab Emirates (UAE), according to government data.

These certificates are essential for Indian exporters to claim preferential tariff benefits under respective trade agreements, thereby enhancing the competitiveness of Indian goods in partner markets and facilitating smoother access to global value chains.