UK, India to start formal FTA talks within months

By Cna10 days ago

LONDON: Britain and India will begin formal free trade deal talks later this year, the UK government said Tuesday (May 4), after they agreed an initial package to boost bilateral trade and investment.

With its massive population and growing economy, India has been high on London's list of trade deal targets since Britain left the European Union last year.


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Under a post-Brexit Global Britain strategy, Prime Minister Boris Johnson's government is pivoting its foreign policy priorities towards the Asia-Pacific region, signing trade deals with countries including Japan and Singapore.

UK International Trade Secretary Liz Truss said India and Britain would start negotiations on an agreement in the autumn, following the announcement of a preliminary Enhanced Trade Partnership deal.

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