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Formal negotiations on India-UK FTA to start after domestic consultations conclude
May 25, 2021
UK begins 14-week stakeholder talks, India too engaged in internal consultations Formal negotiations between the UK and India on the proposed Free Trade Agreement (FTA) will not begin immediately as both countries will spend the next few months to gather inputs from all stakeholders including businesses, consumers and concerned Ministries and Departments, sources have said.
UK International Trade Secretary Liz Truss has already started the consultation process for the proposed FTA with the industry and consumers in her country this week while the Commerce & Industry Ministry in India, too, has begun internal discussions on the scope of the agreement and is looking at fast-tracking stakeholder talks, a source tracking the matter told
Read more about UK kick-starts preparations ahead of talks on trade deal with India on Business Standard. Launches 14-week consultation to seek views of the public and businesses
UK Business Consultation kickstarts ahead of UK-India FTA
ANI
25 May 2021, 19:18 GMT+10
New Delhi [India], May 25 (ANI/NewsVoir): The UK India Business Council welcomes the launch of the UK Government s 14-week business consultation in preparation for UK-India FTA negotiations.
The consultation, launched by UK Secretary of State for International Trade, Liz Truss, will capture the views of businesses in the UK ahead of FTA negotiations which could start as early at autumn 2021.
The UKIBC has long advocated a UK-India FTA. We believe it is both the right ambition and is eminently achievable. Our countries traded GBP 24 billion worth of goods and services in 2019 and, critically, have since cooperated on numerous occasions during the COVID-19 crisis to support each other in times of need.
UK Business Consultation kickstarts ahead of UK-India FTA negotiations ANI | Updated: May 25, 2021 14:09 IST
New Delhi [India], May 25 (ANI/NewsVoir): The UK India Business Council welcomes the launch of the UK Government s 14-week business consultation in preparation for UK-India FTA negotiations.
The consultation, launched by UK Secretary of State for International Trade, Liz Truss, will capture the views of businesses in the UK ahead of FTA negotiations which could start as early at autumn 2021.
The UKIBC has long advocated a UK-India FTA. We believe it is both the right ambition and is eminently achievable. Our countries traded GBP 24 billion worth of goods and services in 2019 and, critically, have since cooperated on numerous occasions during the COVID-19 crisis to support each other in times of need.