UK deal negotiators surprise Indian counterparts

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Key Points

Days after India sealed a trade pact with four European nations, the long-winded discussions for a free trade agreement with the United Kingdom seem to have hit a rough patch once again...

Sources have told Business Today Television that Indian negotiators were taken by surprise by their British counterparts raising old demands for concessions at recent meetings...

However, Indian negotiators have been surprised by old demands being refreshed at recent meetings..

The British negotiators have renewed demands for Indian to provide tariff concessions on alcohol, automobiles, and dairy products..

Meanwhile, the Indian government yesterday signed an FTA with a group of four European countries -- Iceland, Liechtenstein, Norway, and Switzerland -- who committed to invest $100 billion in India to create one million direct jobs over 15 years..

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