December 23, 2022
1 min read

India-UK FTA: Technical discussions held on 11 policy areas

Secretary of State for International Trade Kemi Badenoch visited India to initiate the sixth round of the UK-India FTA negotiations on December 12-13…reports Asian Lite News

India and United Kingdom held technical discussions across 11 policy areas over 28 sessions during the sixth round of talks for a Free Trade Agreement (FTA) which concluded on December 16.

In a joint outcome statement on UK-India sixth round of FTA negotiations, UK government’s Department of International Trade said that detailed draft treaty text discussions were held across the 11 policy areas. The seventh round of official-level negotiations is due to take place in early 2023.

Secretary of State for International Trade Kemi Badenoch visited India to initiate the sixth round of the UK-India FTA negotiations on December 12-13.

She met Commerce and Industry Minister Piyush Goyal “where they welcomed the newest round of talks and discussed wider trade and investment opportunities for the UK and India”.

“Technical discussions were held across 11 policy areas over 28 separate sessions. They included detailed draft treaty text discussions in these policy areas,” a release said.

It said as with previous rounds, this was conducted in a hybrid fashion – a number of UK officials travelled to New Delhi for negotiations and others attended virtually.

A Commerce Ministry statement had said that Goyal and Badenoch reaffirmed their commitment to the ongoing India-UK FTA negotiations “which would unlock the full potential of boosting jobs, investments, and exports between the two countries”.

The two leaders urged the negotiating team to work together with an aim to iron out the differences in the spirit of mutual accommodation based on the principle of reciprocity and respect for each other’s sensitivities, for a balanced, mutually beneficial, fair, and equitable outcome.

India and UK began Free Trade Agreement negotiations in January this year. (ANI)

ALSO READ: India’s first 5G-driven, AI-guided colonoscopy trial carried out

Previous Story

Researchers use new tech to test blood proteins in Covid patients

Next Story

‘Our objective is to hold G20 meetings in physical format’

Latest from -Top News

Trump tariffs send world markets into panic

US benchmark crude oil shed $2.70 to $64.25 a barrel after major oil producers announced they plan to increase production. Brent crude, the international standard, was down $2.63 at $67.51 a barrel

EU prepares retaliation for Trump’s tariffs

The European Commission is assembling a fresh round of counter-tariffs aimed at US goods, adding to two existing lists of potential targets—one of which includes products that were hit by suspended tariffs

US, EU slam China’s war games near Taiwan

US President Donald Trump underscored the need to maintain peace in the Taiwan Strait, advocating for a diplomatic approach to cross-strait tensions while warning against the use of force The United States

£13.9 billion of R&D fund to boost innovation, jobs

Funding outlined to support transformational R&D in areas like life sciences, green energy, engineering and beyond More UK innovators like those developing treatment-transforming dementia tests or building world-leading testing facilities to power
Go toTop

Don't Miss

Indian IT spending to slow down in 2023

The IT spending by Indian enterprises and service providers is

India’s space economy is poised to reach USD 40 billion by 2040

The minister said that the next significant development in the