India-GCC Free Trade Talks Advance

India and GCC signed Terms of Reference on Feb 5, 2026 for free trade talks.
20-year talks led to GCC being a strategic partner under PM Modi.
10 million Indians in GCC; trade hit $178.5B in 2024-25.
Deal aims to benefit workers, diversify energy, and attract investments.
Existing free trade agreements with UAE and Oman exist, with 56% trade with UAE.
Copyright © 2026 Minimalist News. All Rights Reserved.