- Union Minister Shri Piyush Goyal urged Telangana to leverage Free Trade Agreements (FTAs) to boost exports and global market integration. - Emphasized the importance of enhancing FTA utilisation rates among domestic industries and MSMEs. - Highlighted the role of state-level participation, export promotion, and tapping into unique local products including Geographical Indication (GI) tagged goods. - Discussed strengthening cooperative federalism to drive export-led economic growth at the state level. - **Free Trade Agreements (FTAs):** International pacts between countries to reduce or eliminate tariffs and non-tariff barriers on trade in goods and services, promoting market access and global integration. - **Ministry of Commerce and Industry:** The nodal central government ministry responsible for formulating and implementing foreign trade policy, promoting exports, regulating industries, and negotiating international trade agreements. **Introduction** Union Minister of Commerce and Industry Shri Piyush Goyal called upon the state of Telangana to actively utilize Free Trade Agreements (FTAs) to expand its export footprint, scale up manufacturing, and integrate deeply into global value chains. The address underscored the need for enhanced synergy between the Centre and states to promote export competitiveness, leverage local strengths, and maximize the benefits of international trade pacts. **Core Issue and Detailed Points** - Union Minister Shri Piyush Goyal urged Telangana to leverage Free Trade Agreements (FTAs) to boost exports and global market integration. - Emphasized the importance of enhancing FTA utilisation rates among domestic industries and MSMEs. - Highlighted the role of state-level participation, export promotion, and tapping into unique local products including Geographical Indication (GI) tagged goods. - Discussed strengthening cooperative federalism to drive export-led economic growth at the state level. **Key Statutory Bodies, Acts & Concepts** - **Free Trade Agreements (FTAs):** International pacts between countries to reduce or eliminate tariffs and non-tariff barriers on trade in goods and services, promoting market access and global integration. - **Ministry of Commerce and Industry:** The nodal central government ministry responsible for formulating and implementing foreign trade policy, promoting exports, regulating industries, and negotiating international trade agreements.