Huge progress in India-UK talks on free trade pact; looking to resolve issues during meetings this month:

Posted on:
Key Points

There is a "huge" progress in the talks between India and the UK on the proposed Free Trade Agreement (FTA) and New Delhi is looking to resolve the pending issues during high level meetings scheduled this month between the two countries, a top official said on Monday..

The 12th round of talks between the countries are in progress here.. Commerce Secretary Sunil Barthwal said the 11th round of talks in London was "very intense" and many issues got closed...

The UK team is coming to India during the Trade and Investment Working Group (TIWG) meeting (in Jaipur) and we are hoping that we would be closing those remaining issues...

One section of the UK team is already here in the national capital and the remaining officials are coming from August 16.. The UK trade minister and DG Trade, counterpart of India's commerce secretary, will be here this month for the talks and TIWG meeting...

The main issues which could come up for discussions in this round include investment treaty, reduction of duties on auto and whiskey, rules of origin, intellectual property rights and matters pertaining to services...

You might be interested in

India, UK 14th round of FTA talks in January

19, Dec, 23

Indias main exports to the UK are ready-made garments and textiles, gems and jewellery, engineering goods, petroleum and petrochemical products, while key imports include precious and semi-precious stones, ores and metal scraps, and engineering goods. Discussions are also going on between the countries on the bilateral investment treaty. Investment is being negotiated as a separate agreement and earlier, the plan was to conclude the two simultaneously.

Majority of India-UK FTA issues either closed or at advanced stage of talks: Official

15, Jan, 24

Majority of the issues in the proposed FTA between India and the UK are either finalised or at an advanced stage of talks, according to a government official. The 14th round of negotiations is currently underway. Talks are also progressing on the proposed BIT. Meanwhile, the seventh round of talks for the proposed trade deal between India and the EU and the sixth round of negotiations for a proposed trade agreement between India and Peru are scheduled.

WTO meet: India, South Africa to block proposal led by China

21, Feb, 24

India Business News: India and South Africa oppose China's proposal for an investment facilitation agreement at the WTO. They reject the inclusion of decisions made outsid

14th round of India-UK FTA dialogues to start in January

18, Dec, 23

India-UK free trade agreement talks completed 13 rounds of negotiations that took place from 18 September to 15 December

India-UK FTA: British delegation to arrive Monday for concluding round of talks

21, Jan, 24

The UK delegation includes high-ranking government officials who will look to resolve some sticky issues in the final deliberations

India mulls tactical shift in UK FTA talks to cement deal

17, Mar, 24

Negotiations on issues such as relaxations in services sectors, mobility, and visa norms remain sticking points

India-UK FTA negotiations: Broad consensus reached on most issues, barring three

28, Jul, 23

The countries have reached agreement on the contentious issue of goods trade in whiskey and automobiles

Round 9 of India-UK FTA talks concludes with 'detailed' policy discussions

10, May, 23

The ninth round of negotiations for the India-UK free trade agreement (FTA) ended with comprehensive discussions, according to a joint statement released by the UK's Department for Business and Trade. Non-committal on when and how the 10th round of talks will take place, the FTA aims to significantly enhance the bilateral trading relationship, which amounted to about £34bn ($46.7bn) in 2022.

Trade & Energy security to top MEA Secretary’s (East) Ecuador visit

10, Jun, 23

Unleashing a new era of cooperation, India and Ecuador embarked on a transformative journey with their eagerly awaited Free Trade Agreement (FTA).

India, Canada political row not to impact proposed free trade pact: Experts

26, Sep, 23

The talks for a free trade agreement (FTA) between India and Canada may have taken a pause but will resume once the political row between the two countries is resolved as the pact has economic benefits for both the nations, trade experts and exporters said on Friday.