India-UK FTA will be a game-changer
After more than three years and 14 rounds of negotiations, the United Kingdom and India have finally announced a free trade agreement (FTA).
After more than three years and 14 rounds of negotiations, the United Kingdom and India have finally announced a free trade agreement (FTA).
Prime Minister Narendra Modi and his UK counterpart Keir Starmer held a telephone conversation on Tuesday before announcing the successful conclusion of the India–UK Free Trade Agreement (FTA), according to an official statement.
Union Minister of Commerce and Industry, Piyush Goyal, held a key meeting with European Union Commissioner for Trade and Economic Security, Maros Sefcovic, in Brussels to discuss the progress of the India-EU Free Trade Agreement.
Amid the changing world trade order, India and the UK have reaffirmed their commitment to furthering the bilateral relations between the two nations, including continuing negotiations at pace towards a mutually beneficial Free Trade Agreement (FTA) and Bilateral Investment Treaty (BIT).
India and New Zealand on Sunday announced the resumption of negotiations for a proposed free trade agreement after a halt of 10 years.
India and the European Union are scheduled to begin the next round of talks for a proposed free trade agreement (FTA) from Monday in Brussels with the aim of concluding the talks by the end of this year, a senior official said.
External Affairs Minister S Jaishankar Friday expressed the hope that India and the EU, which have been negotiating a Free Trade Agreement (FTA) for almost 23 years, will conclude the pact by the end of this year.
After US President Donald Trump's threat to hit the European Union (EU), a 27-member bloc, with 25 per cent tariffs, a meeting between the top leadership of India and the EU on Friday is expected to give fresh push to efforts to seal an ambitious free trade agreement (FTA).
In terms of FTAs, India has signed nearly eight key agreements this year.
India looks for equity, balance and fair trade when negotiating a Free Trade Agreement (FTA) with countries, the government.
