10 May 2026
India-ASEAN trade agreement upgrade negotiations conclude
UPSC
Banking
International Relations
Economy
Summary
India and ASEAN concluded six rounds of negotiations to upgrade the AIFTA (ASEAN-India Free Trade Agreement). Key gains: digital trade chapter, simpler rules of origin, services market access.
Why it matters
UPSC International Relations. Act East Policy, IPEF, ASEAN centrality. Compare with India-EU, India-UK FTAs.