LONDON: India and Britain have reaffirmed their commitment to conclude a mutually beneficial free trade agreement (FTA) at the annual UK-India strategic dialogue here, as the two sides reflected the “good progress” on the 2030 Roadmap since the last review. Foreign secretary Vinay Kwatra, who is on a visit to the UK, held discussions with … Read more
The FTA negotiations, which opened in January 2022, are aimed at securing an “ambitious” outcome for bilateral trade currently worth around GBP 38.1 billion a year as per official statistics from last month. India-UK Free Trade Agreement Talks Closes Ahead Of Lok Sabha Election, To Resume After Polls The fourteenth round of free trade agreement … Read more
The rush for free trade agreements (FTAs) is real. A decade and a half after economist Jagdish Bhagwati infamously dubbed preferential pacts as termites in the global trade system, the world is seeing an uptake in bilateral pacts, taking the momentum away from multilateralism. India, too, is aligned with the prevailing trend. After a long … Read more
New Delhi: Majority of the issues in the proposed free trade agreement (FTA) between India and the UK are either finalised or at an advanced stage of talks, a government official said on Monday. Additional Secretary in the Department of Commerce L Satya Srinivas said that the 14th round of negotiations between the officials of … Read more
The OPEC+ coalition’s grip on global oil markets is looking less secure by the day.Crude traders have shrugged off the Nov. 30 pledge from Saudi Arabia and its allies to slash supplies by a further 900,000 barrels a day, remaining skeptical of its implementation. Despite the group’s multiple attempts to shore up sentiment in the … Read more
Home Business India-UK Free Trade Agreement To Be Finalised Soon, Confirms British Chancellor Jeremy Hunt Jeremy Hunt said that the two countries are “moving towards inking” an FTA, which would boost trade and investment between the two countries. Union Finance Minister Nirmala Sitharaman and UK Chancellor Jeremy Hunt (Image: IANS) New Delhi: UK Chancellor Jeremy … Read more
New Delhi: UK Prime Minister Rishi Sunak who arrived in New Delhi today to attend the G20 Summit said he has “enormous respect” for Prime Minister Narendra Modi after he was asked on being equated to his Indian counterpart. “I have enormous respect for Modi Ji, and he’s been personally very warm and kind to … Read more
NEW DELHI: British Prime Minister Rishi Sunak on Wednesday said there was “still some way to go” for a free trade pact with India to be finalised, but appeared confident that the final outcome will be a “forward-looking” and “modern” deal that would benefit both sides and facilitate shared ambition of doubling trade by 2030.In … Read more