British Prime Minister Boris Johnson with Prime Minister Narendra Modi (@narendramodi/Twitter)
In a major development, India and the United Kingdom (UK) are set to sign an Enhanced Trade Partnership (ETP) which will pave the way for the possible doubling of the bilateral trade by 2030 and serve as a base for beginning work towards a comprehensive free trade agreement (FTA),
Outlook India.
Announcing the development, Prime Minister (PM) Boris Johnson said, Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer. Each and every one of the more than 6,500 jobs we have announced today will help families and communities build back from coronavirus and boost the British and Indian economies. In the decade ahead, with the help of (the) new partnership signed today and a comprehensive Free Trade Agreement, we will double the value of our trading partnership with India and take the relationship between our two countri
India, UK speed up FTA talks; roadmap to be announced during Boris Johnson s visit
The enhanced trade partnership is expected to address several trade barriers that currently exist. Britain is keen to see India reduces barriers on import of agriculture and food items
Joe C Mathew | February 9, 2021 | Updated 13:59 IST
In addition to India, UK is in negotiations with Australia, New Zealand and US
India and United Kingdom will announce a roadmap for a bilateral free trade agreement (FTA) and launch an enhanced trade partnership programme during the visit of British Prime Minister Boris Johnson to India later this year, says Elizabeth Truss, Secretary of State for International Trade, UK.