India is intensifying its engagement with global partners, signaling a proactive approach in economic diplomacy, said External Affairs Minister S. Jaishankar on February 18, 2026. Speaking at the Global Economic Cooperation conference, he emphasized that the country is approaching international relations from a position of strength, with trade deals reflecting a strategic effort to secure market access and boost economic resilience.
Jaishankar noted that the world is entering a period of heightened uncertainty, marked by geopolitical shifts, tighter export controls, and the use of production and finance as strategic tools. In this context, India’s expanding trade relations are designed to navigate these challenges while keeping opportunities open for businesses across diverse markets.
Among the latest developments, the United States has agreed to reduce tariffs on Indian exports from 50% to 18%, following extensive high-level discussions. This move is expected to provide a significant boost to Indian exporters and enhance bilateral economic ties. Additionally, India has finalized talks for a proposed Free Trade Agreement with the European Union, aiming to strengthen trade flows, diversify markets, and reinforce India’s influence in the global economic order.
Jaishankar emphasized that these steps are part of a deliberate strategy to maintain competitiveness in a rapidly evolving international economy. The minister underscored that India’s diplomatic and economic initiatives are focused not only on expanding trade volumes but also on fostering strategic partnerships capable of withstanding global volatility.
The developments indicate India’s commitment to proactive engagement in global trade and investment, reinforcing its position on the world stage. By leveraging strategic agreements and strengthening multilateral relations, India seeks to enhance both economic growth and resilience, ensuring that businesses are well-positioned to thrive amid international uncertainties.
With the international economic landscape undergoing rapid change, India’s forward-looking approach is aimed at consolidating its global presence, opening new avenues for commerce, and promoting sustainable growth through effective diplomacy and strategic trade initiatives.
