GCC, India relaunch negotiations on free trade deal

India’s Commerce Minister Piyush Goyal oversees the signing of the terms of reference for India-GCC FTA between Indian and GCC officials in New Delhi on Feb. 5, 2026. (Indian Ministry of Commerce)
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Updated 05 February 2026
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GCC, India relaunch negotiations on free trade deal

  • India’s trade with GCC was valued at more than $178 billion in 2024-25 fiscal year
  • FTA will benefit infrastructure, petrochemicals sectors, Indian minister says

NEW DELHI: The Gulf Cooperation Council and India relaunched negotiations for a free trade agreement by signing the terms of reference for the talks on Thursday, about two decades after a first attempt stalled. 

India already has a Comprehensive Economic Partnership Agreement with two GCC members, Oman and the UAE, signed last year and in 2022, respectively.  

Its trade negotiations with the GCC — members of which also include Saudi Arabia — stalled following a framework agreement signed in 2004 and two rounds of talks held in 2006 and 2008. 

“It is most appropriate that we now enter into a much stronger and robust trading arrangement which will enable greater free flow of goods, services, bring predictability and stability to policy, help encourage greater degree of investments and take our bilateral relations between the six-nations GCC group and India to greater heights,” India’s Commerce Minister Piyush Goyal said in a press conference in New Delhi on Thursday. 

GCC-India bilateral trade was worth more than $178 billion in the 2024-25 fiscal year, accounting for more than 15 percent of India’s global trade. The region is also home to about 10 million Indians who live and work in the Gulf. 

The relaunched negotiations with Gulf countries came as Delhi accelerated discussions to finalize several trade agreements in recent months. 

Earlier this week, India reached a trade deal with the US after months of friction, following recent conclusions of similar negotiations with New Zealand and the EU. 

“As, I believe, the GCC and India come closer together, we will become a force multiplied for global good,” Goyal said. 

Food processing, infrastructure, petrochemicals and information and communications technology are sectors that will benefit from India-GCC FTA, he added. 

The free trade negotiations are taking place at a time when globalization was “under attack,” said GCC’s chief negotiator, Dr. Raja Al-Marzouqi. 

“It’s a message, a signal for the whole globe and it’s important for us at this time to try and be more cooperative,” he told reporters in New Delhi, adding that the first round of talks was likely to take place at the GCC headquarters in Riyadh. 

“When we agree, we will contribute as long as possible to the stability of the global economy.” 


House votes to slap back Trump’s tariffs on Canada in rare bipartisan rebuke

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House votes to slap back Trump’s tariffs on Canada in rare bipartisan rebuke

WASHINGTON: The House voted Wednesday to slap back President Donald Trump’s tariffs on Canada, a rare if largely symbolic rebuke of the White House agenda as Republicans joined Democrats over the objections of GOP leadership.
The tally, 219-211, was among the first times the House, controlled by Republicans, has confronted the president over a signature policy, and drew instant recrimination from Trump himself. The resolution seeks to end the national emergency Trump declared to impose the tariffs, though actually undoing the policy would require support from the president, which is highly unlikely. It next goes to the Senate.
Trump believes in the power of tariffs to force US trade partners to the negotiating table. But lawmakers are facing unrest back home from businesses caught in the trade wars and constituents navigating pocketbook issues and high prices.
“Today’s vote is simple, very simple: Will you vote to lower the cost of living for the American family or will you keep prices high out of loyalty to one person — Donald J. Trump?” said Rep. Gregory Meeks of New York, the top Democrat on the House Foreign Affairs Committee, who authored the resolution.
Within minutes, as the gavel struck, Trump fired off a stern warning to those in the Republican Party who would dare to cross him.
“Any Republican, in the House or the Senate, that votes against TARIFFS will seriously suffer the consequences come Election time, and that includes Primaries!” the president posted on social media.
The high-stakes moment provides a snapshot of the House’s unease with the president’s direction, especially ahead of the midterm elections as economic issues resonate among voters. The Senate has already voted to reject Trump’s tariffs on Canada and other countries in a show of displeasure. But both chambers would have to approve the tariff rollbacks, and send the resolution to Trump for the president’s signature — or veto.
Six House Republicans voted for the resolution, and one Democrat voted against it.
From Canada, Ontario, Premier Doug Ford on social media called the vote “an important victory with more work ahead.” He thanked lawmakers from both parties “who stood up in support of free trade and economic growth between our two great countries. Let’s end the tariffs and together build a more prosperous and secure future.”
Trump recently threatened to impose a 100 percent tariff on goods imported from Canada over that country’s proposed China trade deal, intensifying a feud with the longtime US ally and Prime Minister Mark Carney.
GOP defections forced the vote
House Speaker Mike Johnson tried to prevent this showdown.
Johnson insisted lawmakers wait for a pending Supreme Court ruling in a lawsuit about the tariffs. He engineered a complicated rules change to prevent floor action. But Johnson’s strategy collapsed late Tuesday, as Republicans peeled off during a procedural vote to ensure the Democratic measure was able to advance.
“The president’s trade policies have been of great benefit,” Johnson, R-Louisiana, had said. “And I think the sentiment is that we allow a little more runway for this to be worked out between the executive branch and the judicial branch.”
Late Tuesday evening, Johnson could be seen speaking to holdout Republican lawmakers as the GOP leadership team struggled to shore up support during a lengthy procedural vote, but the numbers lined up against him.
“We’re disappointed,” Kevin Hassett, the director of the White House’s National Economic Council, told reporters at the White House on Wednesday morning. “The president will make sure they don’t repeal his tariffs.”
Terminating Trump’s emergency
The resolution put forward by Meeks would terminate the national emergency that Trump declared a year ago as one of his executive orders.
The administration claimed illicit drug flow from Canada constitutes an unusual and extraordinary threat that allows the president to slap tariffs on imported goods outside the terms of the US-Mexico-Canada trade agreement.
The Republican chairman of the House Foreign Affairs Committee, Rep. Brian Mast of Florida, said the flow of fentanyl into the US is a dire national emergency and the policy must be left in place.
“Let’s be clear again about what this resolution is and what it’s not. It’s not a debate about tariffs. You can talk about those, but that’s not really what it is,” Mast said. “This is Democrats trying to ignore that there is a fentanyl crisis.”
Experts say fentanyl produced by cartels in Mexico is largely smuggled into the US from land crossings in California and Arizona. Fentanyl is also made in Canada and smuggled into the US, but to a much lesser extent.
Torn between Trump and tariffs
Ahead of voting, some rank-and-file Republican lawmakers expressed unease over the choices ahead as Democrats — and a few renegade Republicans — impressed on their colleagues the need to flex their power as the legislative branch rather than ceding so much power to the president to take authority over trade and tariff policy.
Rep. Don Bacon, R-Nebraska, said he was unpersuaded by Johnson’s call to wait until the Supreme Court makes its decision about the legality of Trump’s tariffs. He voted for passage.
“Why doesn’t the Congress stand on its own two feet and say that we’re an independent branch?” Bacon said. “We should defend our authorities. I hope the Supreme Court does, but if we don’t do it, shame on us.”
Bacon, who is retiring rather than facing reelection, also argued that tariffs are bad economic policy.
Other Republicans had to swiftly make up their minds after Johnson’s gambit — which would have paused the calendar days to prevent the measure from coming forward — was turned back.
“At the end of the day, we’re going to have to support our president,” said Rep. Keith Self, R-Texas.
Rep. Darrell Issa, R-Calif., said he doesn’t want to tie the president’s hands on trade and would support the tariffs on Canada “at this time.”