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Business
Former WTO Negotiator Warns of Risks in India-US FTA
✍️ businesstoday.in
🗓 28 Sep 2026, 04:38 AM
👁 11
India's former top WTO negotiator has warned that a comprehensive trade agreement with the United States could carry significant risks.
India’s former chief negotiator at the World Trade Organization has cautioned that a full-fledged free trade agreement with the United States may expose the country to substantial risks. The warning comes as India and the U.S. continue to negotiate the terms of a comprehensive FTA, with both sides aiming to deepen economic ties.
The former negotiator, who led India’s WTO team for several years, highlighted that while an FTA can boost trade volumes, it also brings challenges such as market distortions, regulatory adjustments, and potential impacts on domestic industries that may not be fully prepared for increased competition.
He urged policymakers to conduct a thorough assessment of the agreement’s implications for sectors ranging from agriculture to services, and to ensure that safeguards are in place to protect vulnerable segments of the economy.
The remarks underscore the need for a balanced approach that maximises benefits while mitigating risks, as India seeks to secure a trade partnership that aligns with its long‑term economic objectives.
The former negotiator, who led India’s WTO team for several years, highlighted that while an FTA can boost trade volumes, it also brings challenges such as market distortions, regulatory adjustments, and potential impacts on domestic industries that may not be fully prepared for increased competition.
He urged policymakers to conduct a thorough assessment of the agreement’s implications for sectors ranging from agriculture to services, and to ensure that safeguards are in place to protect vulnerable segments of the economy.
The remarks underscore the need for a balanced approach that maximises benefits while mitigating risks, as India seeks to secure a trade partnership that aligns with its long‑term economic objectives.