Category 8 · International Relations & Places in News
International Trade Agreements and Free Trade Areas
10 micro topics in International Relations & Places in News for UPSC Prelims, in book order: Regional Comprehensive Economic Partnership (RCEP) and India's Withdrawal; India-UAE Comprehensive Economic Partnership Agreement (CEPA); and 8 more.
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8.1
Regional Comprehensive Economic Partnership (RCEP) and India's Withdrawal
The Regional Comprehensive Economic Partnership, RCEP, is a free trade agreement among the ten ASEAN countries and five of their partners, China, Japan, South Korea, Australia and New Zealand. It was signed on 15 November 2020…
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8.2
India-UAE Comprehensive Economic Partnership Agreement (CEPA)
The India-UAE Comprehensive Economic Partnership Agreement, CEPA, is a free trade agreement between India and the United Arab Emirates, signed virtually on 18 February 2022 by Prime Minister Narendra Modi and Sheikh Mohamed bin Zayed Al…
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8.3
India-Australia Economic Cooperation and Trade Agreement (ECTA)
The India-Australia Economic Cooperation and Trade Agreement, ECTA, is an interim free trade agreement signed on 2 April 2022 by Piyush Goyal and Dan Tehan and in force from 29 December 2022. It is India's first…
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8.4
India-UK Free Trade Agreement Negotiations
The India-UK Comprehensive Economic and Trade Agreement, CETA, is a free trade agreement between India and the United Kingdom, signed on 24 July 2025 during Prime Minister Narendra Modi's visit to London after negotiations that began…
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8.5
India-EU Free Trade Agreement Negotiations
The India-EU Free Trade Agreement is a comprehensive trade pact between India and the European Union, the bloc of 27 countries that is one of India's largest trading partners. Negotiations began in 2007, stalled in 2013,…
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8.6
ASEAN-India Free Trade Area (AIFTA)
The ASEAN-India Free Trade Area, AIFTA, is the trade arrangement between India and the ten ASEAN countries. Its Agreement on Trade in Goods was signed in Bangkok in August 2009 and came into force on 1…
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8.7
South Asian Free Trade Area (SAFTA)
The South Asian Free Trade Area, SAFTA, is a preferential trade agreement among the eight members of the South Asian Association for Regional Cooperation, SAARC: Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka.…
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8.8
Generalized System of Preferences (GSP)
The Generalized System of Preferences, GSP, is a scheme under which developed countries give lower or zero import tariffs to products from developing countries, without asking for reciprocal concessions. The idea was agreed at the UN…
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8.9
General Agreement on Tariffs and Trade (GATT)
The General Agreement on Tariffs and Trade, GATT, was a multilateral agreement that governed international trade in goods from 1948 until it was absorbed into the World Trade Organization on 1 January 1995. It was signed…
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8.10
Most Favoured Nation (MFN) Status
Most Favoured Nation, MFN, status is the principle of non-discrimination in trade under which a country that gives a trade advantage, such as a lower tariff, to one trading partner must give the same advantage to…
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Frequently asked questions
Which topics are in International Trade Agreements and Free Trade Areas?
International Trade Agreements and Free Trade Areas has 10 micro topics in International Relations & Places in News: Regional Comprehensive Economic Partnership (RCEP) and India's Withdrawal; India-UAE Comprehensive Economic Partnership Agreement (CEPA); India-Australia Economic Cooperation and Trade Agreement (ECTA); India-UK Free Trade Agreement Negotiations; India-EU Free Trade Agreement Negotiations; ASEAN-India Free Trade Area (AIFTA); South Asian Free Trade Area (SAFTA); Generalized System of Preferences (GSP); General Agreement on Tariffs and Trade (GATT); Most Favoured Nation (MFN) Status.
Is International Trade Agreements and Free Trade Areas important for UPSC Prelims?
International Trade Agreements and Free Trade Areas is a part of the UPSC Prelims International Relations & Places in News syllabus map on MaargX UPSC. Each of its 10 published topics has key terms, a Mains angle and practice questions.