July 25, 2023
1 min read

India-UK hold 11th round of FTA negotiations

The leaders discussed ways to make progress on the FTA negotiations and wider trade and investment opportunities for the UK and India, the Ministry stated…reports Asian Lite News

India and the United Kingdom concluded the eleventh round of talks for the UK-India Free Trade Agreement (FTA) on July 18, where progressing on the FTA negotiations and enhancing the trade and investment opportunities between the two countries was discussed, the Ministry of Commerce and Industry said on Monday.

As with previous rounds, this was conducted in a hybrid fashion – a number of Indian officials travelled to London for negotiations and others attended virtually. Union Minister Piyush Goyal visited the UK as part of the eleventh round of the UK-India FTA negotiations on July 10-11, the Ministry stated.

The Minister for Commerce and Industry met with the UK Secretary of State for Business and Trade, Rt. Hon Kemi Badenoch MP, and the UK Minister of State for International Trade, Hon Nigel Huddleston MP.

The leaders discussed ways to make progress on the FTA negotiations and wider trade and investment opportunities for the UK and India, the Ministry stated.

Union Commerce Secretary Sunil Barthwal also visited the UK during the round. He met with senior UK trade officials and took stock of the progress made in the eleventh round of negotiations.

Technical discussions were held across 9 policy areas over 42 separate sessions. They included detailed draft treaty text discussions in these policy areas, the Ministry stated.

The twelfth round of negotiations is due to take place in the coming months.

The India-UK bilateral trading relationship was worth Pound 34 billion in 2022, growing by Pound 10 billion ( Rs 102 crore) in one year, according to official UK government statistics.

The visit of the Commerce and Industry Minister underscores the commitment of the Indian government to actively engage with its international partners and explore opportunities for economic growth and development. (ANI)

ALSO READ-UK sends rapid deployment team to Rhodes

Previous Story

A Tale of Transformation: China’s Impact on India-US Ties

Next Story

Kerala’s ‘Holiday Heist’ to boost tourism

Latest from -Top News

Industry Hails India-UK FTA

£34 billion boost, sweeping tariff cuts and market access mark UK’s most ambitious post-Brexit trade pact; Indian sectors set for exports surge…reports Asian Lite News Business leaders from both India and the

India, UK Sign Landmark FTA

The pact is set to make imported goods like Scotch whisky, gin, luxury cars, cosmetics, and medical devices more affordable for Indian consumers….reports Asian Lite News In a landmark moment for India-UK

Farmers Win Big in India-UK FTA

There is a massive gain for rural India and exporters with zero duty on processed foods compared with up to 70 per cent earlier….reports Asian Lite News The India-UK Free Trade Agreement

Modi-Starmer Meet Ahead of FTA Signing

During the discussions, the two sides will also review the progress of the Comprehensive Strategic Partnership (CSP)…reports Asian Lite News Prime Minister Narendra Modi on Thursday called on Keir Starmer at the

Hindu Temple Vandalised in Melbourne

Confirming the incident, Victoria Police mentioned they are investigating “four linked incidents in Boronia,” including the temple and two restaurants….reports Asian Lite News In a deeply disturbing incident of racial violence, a
Go toTop

Don't Miss

Unbeatable India: SAFF U-16 Champs Conquer Tournament Without Conceding a Goal

India dominated the proceedings in the gripping contest while Bangladesh

LoC truce led to sense of peace: Army chief

General Manoj Mukund Naravane says this is the first step