August 11, 2022
1 min read

India, UK complete 5th round of FTA talks

For this round of negotiations, technical experts from both sides came together for detailed draft treaty text discussions in 85 separate sessions covering 15 policy areas…reports Asian Lite News

India and the United Kingdom concluded the fifth round of talks for an India-UK Free Trade Agreement (FTA) last month, the Ministry of Commerce and Industry said on Thursday.

The ministry said that negotiation officials undertook these technical talks in a hybrid fashion – with some of the teams meeting in New Delhi, India, and the majority of officials joining virtually.

“On 29 July 2022, the Republic of India and the United Kingdom concluded the fifth round of talks for an India-UK Free Trade Agreement (FTA),” the Commerce Ministry said in a press release.

For this round of negotiations, technical experts from both sides came together for detailed draft treaty text discussions in 85 separate sessions covering 15 policy areas, the release said.

Indian and UK officials will continue to work intensively throughout the summer towards our target to conclude the majority of talks on a comprehensive and balanced Free Trade Agreement by the end of October 2022.

India and UK launched Free Trade Agreement negotiations in January this year. The two countries are exploring the possibility of an interim agreement to provide quick gains for benefitting businesses on both sides.

Last month, Commerce Secretary BVR Subrahmanyam said the Free Trade Agreement (FTA) talk between India and the United Kingdom is on track and the negotiations are likely to be completed by end of August.

Speaking to the media after signing two MoUs and a framework agreement with the UK, Subrahmanyam said that the India-UK FTA negotiations would be concluded by August 31 and after internal approvals on both sides, the agreement would be ready to be signed as per the convenience of leaders of the two countries.

On the impact of the change in government in the UK on the proposed FTA, Subrahmanyam said, “Irrespective of the party in power in the UK, the logic of FTA with India is irreversible.” (ANI)

ALSO READ: UAE, UK join forces to back major project in Senegal

Previous Story

UN renews call for two-state solution

Next Story

US rethinks steps on China tariffs  

Latest from -Top News

Palestine Seeks Record UK Compensation

Palestinian Authority President Mahmoud Abbas cites international law, seeking compensation for land and perceived injustices during British rule….reports Asian Lite News Britain faces a £2 trillion reparations claim from the Palestinian Authority

Khalistan Network Under Fire in Canada

Indian agencies regularly share intelligence with their Canadian counterparts, including on groups like Babbar Khalsa International, but the current focus is firmly on SFJ….reports Asian Lite News The arrest of Inderjeet Singh

India, France Hold Nuclear Talks

The meeting, held on Monday, reviewed progress in bilateral civil nuclear cooperation and explored avenues to deepen the strategic partnership…reports Asian Lite News India and France convened the second meeting of their

Trump to Meet Pak PM at UNGA

The US President has already engaged with Pakistan’s military leadership, having hosted Army Chief Asim Munir for a lunch meeting in June….reports Asian Lite News The White House announced on Monday that

EU’s Kallas Calls India ‘Reliable’ Partner

The EU said its closer partnership with India is increasingly becoming vital in the wake of the shifting geopolitical realities…reports Asian Lite News European Union’s top diplomat Kaja Kallas has reaffirmed that
Go toTop

Don't Miss

Modi urges people to put Tricolour on social media accounts

‘Har Ghar Tiranga’ is a campaign under the aegis of

Archbishop reveals links to slavery

Justin Welby disclosed his ancestral links in a personal statement