Question

Which country is the latest to show interest to work with india on free trade agreement?

Answer 1

A free-trade agreement (FTA)  is an agreement  involving  cooperation between  two or more countries to reduce barriers in trading like import and tariffs. This also increases trade of goods and services with the agreed countries.

Taiwan is showing interest to work on the basis of free trade agreement with India.

The growth of India-Taiwan relations is mutually profitable for both countries and can encompass defense, strategic, people to people, economic and education  ties. 

Answer 2

A free-trade zone is a region comprising a trade coalition which constituent nations have authorized a free-trade agreement (FTA). Such transactions require interaction within at least two nations to overcome trade restrictions – import quotas and tariffs – and to expand trade of goods and assistance with each other.

Taiwan’s show interest to work with India on free trade agreement resolution in order to originate its domestic warship project should also fascinate India as a member of a long term policy.