March 9, 2026 8:46 PM

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Union Minister Jitin Prasada Says Free Trade Agreements Open Opportunities for MSMEs

Union Minister of State for Commerce and Industry Jitin Prasada has said that India’s expanding global trade partnerships have opened vast opportunities for Micro, Small, and Medium Enterprises (MSME).

Addressing the FICCI FLO National MSME Awards Ceremony in New Delhi today, the Minister said that India is in the final stage of negotiation with several Free Trade Agreements with major economies and regional blocs, including the European Union and countries such as the United States.

He said, these agreements are opening access to a large share of the developed world’s markets and creating significant export opportunities for Indian enterprises.