India will fast track trade deals with six nations: Commerce Secretary

India will fast-track free trade agreements (FTAs) with at least six nations — including the UAE, the UK, Australia, Canada, and the EU — over the next few months, in line with its revamped foreign trade strategy, Commerce and Industry Secretary B V R Subrahmanyam said on Wednesday. The earliest one may be inked with the UAE.
“We have revamped our FTA strategy. India has to engage with the rest of the world. Without that India will be shut out from global markets... The world has moved into bilateral or local/regional arrangements,” he said, adding that such trade deals assume more significance now as India is not a part of any local or regional arrangement.