<h1>India Expands Global Trade Network with FTAs; Engages in New Negotiations to Boost Market Access and Protect Industries.</h1> India has entered into several Free Trade Agreements (FTAs), including with Japan, which was signed on February 16, 2011, and implemented on August 1, 2011. Other notable FTAs include agreements with Bhutan, Nepal, Sri Lanka, South Korea, and ASEAN countries. The government is also negotiating new FTAs and expanding existing ones with various countries and regions, such as the EU, ASEAN, and MERCOSUR. These agreements aim to enhance market access in goods, services, and investments. The impact of FTAs is continuously evaluated, and mechanisms are in place to protect domestic industries through sensitive lists and safeguard measures.