Close Menu

    Subscribe to Updates

    Get the latest news information from worldwide businesses.

    What's Hot

    All achievements in Sludgineers and how to get them

    August 26, 2026

    New electric Flyer promises 15 minute service from Chicago to O’Hare

    August 26, 2026

    How I Travel: Rei Ami Has Masks for Eyes, Face, Hands, and Feet in Flight

    August 26, 2026
    Facebook Instagram YouTube LinkedIn X (Twitter)
    Trending
    • All achievements in Sludgineers and how to get them
    • New electric Flyer promises 15 minute service from Chicago to O’Hare
    • How I Travel: Rei Ami Has Masks for Eyes, Face, Hands, and Feet in Flight
    • A Quora User Asked How to Remove Artery Plaque Naturally. Here’s What a Cardiologist Says
    • Gut bacteria may unlock a hidden benefit of vegetables
    • Psoriasis cases are on the rise, say dermatologists. What are the causes and how do you treat the condition?
    • New FDA-Cleared Blood Test Could Make Alzheimer’s Detection Easier
    • The second-generation Bose QuietComfort Headphones are good, but don’t stand out
    Newspublicly
    • About Us
    • Advertise & Partner with us
    • Pitch Your Story
    • Contact Us
    Facebook Instagram LinkedIn X (Twitter)
    Subscribe
    • Home
    • World News
      • Asia
      • India
      • USA
      • UK & Europe
      • Middle East
    • Economy & Business
      • Global Economy
      • Corporate & Industry
      • Finance & Markets
      • Policy & Trade
    • Technology
      • Gadgets & Devices
      • Software & Apps
      • AI & Machine Learning
      • Robotics & Automation
    • Health & Medicine
      • Fitness & Nutrition
      • Research & Innovation
      • Disease & Treatment
      • Doctors, Clinics & Patient Care
    • Travel & Tourism
    • Automobile
      • Electric & Hybrid Vehicles
      • Auto Industry Insights
    • Sports
    • More
      • Education
      • Real Estate
      • Environment & Climate
      • Space & Astronomy
      • War & Conflicts
    Newspublicly
    Home»Economy & Business»Global Economy»India, Gulf bloc discuss next steps on free trade agreement
    Global Economy

    India, Gulf bloc discuss next steps on free trade agreement

    AdminBy AdminAugust 26, 2026No Comments2 Mins Read0 Views
    Share
    Facebook Twitter LinkedIn Copy Link WhatsApp


    Dubai: India has reviewed the negotiations on a free trade agreement with the Gulf Cooperation Council (GCC), as the country’s ambassador to Saudi Arabia, Vipul, held wide-ranging talks with the secretary general of the six-nation bloc, Jasem Mohamed Albudaiwi, in Riyadh.

    The meeting took place on Sunday, where both sides discussed ways to strengthen India-GCC relations, exchanged views on regional and international developments, and reviewed preparations for a ministerial meeting scheduled next month, the GCC Secretariat said in a statement.

    The meeting assumes significance as India and the GCC resumed negotiations in February for a comprehensive trade agreement aimed at boosting bilateral trade and investment, even though the talks were temporarily stalled in June because of the West Asia crisis.

    Also Read: Strikes in the Gulf changing rules behind India’s big-money bets

    The GCC comprises Bahrain, Kuwait, Oman, Qatar, Saudi Arabia and the United Arab Emirates and was established in 1981 as a political, economic and security grouping.

    ET logo

    Live Events


    During Sunday’s meeting, India and the GCC also affirmed the importance of continued coordination and consultations on issues of common interest to contribute to regional security and stability, the GCC statement said.

    “Both discussed India-GCC cooperation, including FTA negotiations and strengthening high-level engagements. They also exchanged views on regional and global developments of mutual interest,” the Indian Embassy in Riyadh said in a post on X.The GCC is India’s largest trading partner bloc, with bilateral trade reaching USD 178.56 billion in 2024-25, accounting for 15.42 per cent of India’s global trade, according to official data. India’s exports to the GCC stood at about USD 56.87 billion during the period, while imports were valued at USD 121.68 billion.

    Key Indian exports include engineering goods, rice, textiles, machinery, gems and jewellery, while imports are dominated by crude oil, LNG, petrochemicals and gold.

    Also Read: India reworks oil map With Venezuela as Hormuz battlefield keeps Gulf flows in doubt

    The GCC countries are also a major source of investment for India, with cumulative investments exceeding USD 31.14 billion as of September 2025.

    The region, a major source of remittances, is home to nearly 10 million members of the Indian community.

    The latest negotiations mark a resumption of talks that were held in 2006 and 2008, before the GCC deferred discussions on free trade agreements with countries and economic groupings.

    Meanwhile, India has already implemented a trade pact with the UAE and signed a Comprehensive Economic Partnership Agreement with Oman.



    Source link

    Author

    • Admin

      NewsPublicly.com is News & Articles Platform that creating SEO-focused articles on travel, lifestyle, and digital trends.

    Admin
    • Website

    NewsPublicly.com is News & Articles Platform that creating SEO-focused articles on travel, lifestyle, and digital trends.

    Related Posts

    India negotiating FTAs with 8-9 more blocs, aims to cover 75% of global trade: Piyush Goyal

    August 26, 2026

    India lifts export ban on wheat flour, related products with immediate effect

    August 26, 2026

    Before Xi Jinping’s likely India visit, Chinese money is pouring in

    August 26, 2026
    Leave A Reply Cancel Reply

    Demo
    Top Posts

    The Blue Moon rises on May 30— Where and when to see the second full moon of the month

    May 30, 202640 Views

    New SOCOM rifle allows barrel swapping and cartridge changes

    June 1, 202633 Views

    Indian economy shows recovery despite global uncertainties, private investment gains momentum: Report

    July 29, 202627 Views

    “Inside Gemini Robotics 1.5: How Robots Learn to Reason & Act

    November 22, 202527 Views
    Don't Miss

    All achievements in Sludgineers and how to get them

    August 26, 20263 Mins Read0 Views

    Sludgineers may seem like a simple game on the surface, but it has a ton…

    New electric Flyer promises 15 minute service from Chicago to O’Hare

    August 26, 2026

    How I Travel: Rei Ami Has Masks for Eyes, Face, Hands, and Feet in Flight

    August 26, 2026

    A Quora User Asked How to Remove Artery Plaque Naturally. Here’s What a Cardiologist Says

    August 26, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • YouTube
    • LinkedIn
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Demo
    NEWSPUBLICLY
    Facebook X (Twitter) Instagram LinkedIn

    Home

    • About Us
    • Leadership
    • Advertise & Partner With Us
    • Pitch Your Story
    • Media Kit & Pricing
    • Career
    • FAQs

    Guidelines

    • Editorial & Submission
    • Partnership
    • Advertising & Sponsor
    • Intellectual Property Policy
    • Community & Comment
    • Security & Data Protection
    • Send Your Opinion

    Quick Links

    • Cookie Policy
    • Payment & Billing Terms
    • Refund & Cancellation
    • Copyright Policy
    • Complaint & Support
    • Sitemap
    • Contact Us

    Subscribe Us

    Get the latest news and updates!

    Copyright © 2026 Newspublicly (DIGITALIX COMMUNICATION). All Rights Reserved.
    • Privacy Policy
    • Terms of Use
    • Disclaimer