Visakhapatnam, Nov 14 (PTI) Commerce and Industry Minister Piyush Goyal on Friday said India is negotiating free trade agreements at present with countries, including the US, European Union, New Zealand, Oman, Peru and Chile.

He also said that India Trade Promotion Organisation (ITPO) would be happy to join hands with the state government to develop a world class convention centre - Andhra Mandapam - like Bharat Mandapam in New Delhi.

The minister added that lowering trade barriers globally will help promote free flow of goods, services and capital.

India has already implemented free trade agreements with countries such as UAE, Australia and four nation European bloc EFTA.

"We are currently negotiating with the EU, US, Oman, New Zealand, Chile and Peru and many more wanting us to start negotiations," he said here at CII Partnership Summit 2025.

To promote ease of doing business, he said the Centre has removed as many as 42,000 compliances and abolished 1,500 laws. PTI RR GDK DR

Free trade agreements: India negotiating new pacts to lower trade barriers and expand market access. India is negotiating free trade agreements with the US, the EU, New Zealand, Oman, Peru and Chile to lower trade barriers and promote free flow of goods, services and capital, building on implemented FTAs with the UAE, Australia and EFTA. Complementary domestic measures include extensive deregulation to promote ease of doing business and trade promotion collaboration through the India Trade Promotion Organisation.