June 7, 2023
2 mins read

‘Joint commitment from India, UK for an ambitious FTA’

India and the UK have been negotiating an FTA since January last year, aiming towards a comprehensive pact that is expected to enhance the bilateral trade relationship significantly…reports Asian Lite News

British Acting High Commissioner to India, Christina Scott on Tuesday said that while the tenth round of Free Trade Agreement (FTA) negotiations is ongoing, there is a ‘joint commitment’ from both the United Kingdom and India to double the amount of trade between the two countries by 2030. “This weekend in Delhi, we are having the 10th round of negotiations. What is clear is that there is a joint commitment from both governments to double the amount of trade between our two counties by 2030. I really hope that the negotiating teams are cracking on with that this week so that we can agree on a modern, forward-looking and ambitious FTA that will benefit both the countries,” said the Acting High Commissioner.

India and the UK have been negotiating an FTA since January last year, aiming towards a comprehensive pact that is expected to enhance the bilateral trade relationship significantly.

While the 10th round of the negotiations is underway in New Delhi, both countries held their ninth round of talks during April 24-28 this year. They were conducted in a hybrid fashion for which a number of officials from India travelled to London and others attended virtually. During the round, detailed discussions took place across a range of policy areas.

Earlier, during the visit of Prime Minister Narendra Modi to Hiroshima, Japan, both leaders had a discussion on India-UK FTA.

“The two leaders reviewed their Comprehensive Strategic Partnership, including taking stock of progress in India-UK FTA negotiations. Leaders agreed to deepen cooperation across a wide range of areas, such as trade & investment, science & technology, higher education, and people-to-people relationships,” read a statement released by the Ministry of External Affairs.

Speaking about the meeting, Scott said that during the meeting, both reasserted their commitment to work together on the FTA.

“When the two Prime Ministers last met in Hiroshima in the margins of the G7 summit, they re-asserted the commitment to working together on an ambitious free trade agreement between our two countries”, she said. (ANI)

ALSO READ-New Zealand-Britain FTA takes effect

Previous Story

UK govt orders China to close ‘secret police stations’ in Britain

Next Story

Chinese FM’s visit fuels anti-China protests in Myanmar

Latest from -Top News

Multi-alignment, upgraded

With US ties strained and China tense, New Delhi taps Europe’s harder edge for co-development, clean tech and strategic autonomy, writes Manoj Menon India is recalibrating its great-power hedging as frictions with

Reeves urged to break manifesto pledges

Chancellor under pressure as £40bn fiscal gap looms, with critics warning against a “pasty tax” budget of piecemeal revenue raisers…reports Asian Lite News Rachel Reeves is facing growing unease inside Labour’s ranks

Starmer to Visit India on Wednesday

UK and India to cement strategic ties with new free trade agreement and deeper cooperation across defence, technology and climate Prime Minister Keir Starmer will make his first official visit to India

UAE, India join on child services

The United Arab Emirates and India have opened discussions to enhance cooperation in integrated child development services, focusing on early childhood education, nutrition, and child participation initiatives. The talks took place on
Go toTop

Don't Miss

‘India’s Digital Push Expected to Add $900B’

The report provided data showing that smartphone penetration in the

Eurasia to be India’s focus at SCO meet

Jaishankar to hold talks with Sergey Lavrov, Qin Gang and