Engaged with new UK government to advance FTA, Centre tells Lok Sabha | India News – Times of India

Engaged with new UK government to advance FTA, Centre tells Lok Sabha | India News – Times of India



NEW DELHI: India is participating with the brand new Labour government within the UK to take ahead India-UK ties, together with by means of a mutually-beneficial free commerce settlement (FTA), the federal government informed Parliament.
The groups negotiating the FTA have made good progress, it mentioned. “Either side are engaged to work out a commerce deal that’s honest, equitable and mutually useful, which takes into consideration the ambitions and sensitivities of each the perimeters,” mentioned junior exterior affairs minister Kirti Vardhan Singh in reply to a written query in Lok Sabha.
Singh mentioned, through the latest go to of UK international secretary David Lammy, either side appreciated the substantial progress made within the India-UK FTA negotiations and seemed ahead to its early conclusion.
“India’s minister for commerce and industries met UK secretary of state for enterprise and commerce, Jonathan Reynolds, on the sidelines of the G7 commerce ministers assembly in Apulia, Italy in July 2024. The talks included plans to take ahead the discussions on FTA between India and the UK,” he mentioned.
India and the UK are negotiating an FTA since Jan 13, 2022. Just lately, the Indian staff visited UK (April 16-19, 2024) for negotiations on excellent points. Subsequently, one other companies staff additionally visited UK from Might 8 to 10 to debate excellent points in ‘companies monitor’.
“Subsequent to the formation of the brand new govt within the UK, each prime ministers spoke on cellphone on July 6, 2024. Thereafter, UK international secretary David Lammy additionally visited India throughout July 24-25, 2024. Either side stay dedicated to deepening and diversifying the ‘complete strategic partnership’,” Singh mentioned.







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