UK Trade Policy Observatory
As the Covid-19 crisis continues across India, the pandemic has highlighted a new dimension to the UK-India partnership, particularly in health and vaccine supply and distribution. And despite the UK Prime Minister’s intended trip to India being cancelled due to the second wave of Covid-19, the two countries’ ‘Enhanced Trade Partnership’ (ETP) remains at the centre of attention as a roadmap to a potential Free Trade Agreement (FTA). But the road towards a UK-India FTA will not be straightforward.
In this, the second of two blogs (first here) on the distinct bilateral characteristics that set the UK-India negotiations apart from the usual trade talks, we examine the strong business-to-business links, important geopolitical factors including vaccine supplies, and the potential for development gains.
‘For UK, deeper trade ties with India are an absolute priority’
Elizabeth Truss, UK’s secretary of state for international trade and president of the board of trade.Premium
6 min read
We are supporting reforms to the business environment in India through the sharing of the UK’s expertise on a range of areas, says Elizabeth Truss, UK’s secretary of state for international trade and president of the board of trade
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In the wake of Brexit, deeper trade relations with India are an absolute priority, says Elizabeth Truss, UK’s secretary of state for international trade and president of the board of trade. In India on a four-day visit for talks with her counterpart Piyush Goyal on an “enhanced trade partnership , Truss said in an interview that India and the UK had agreed to set up working groups to make progress towards removing priority market access barriers. On tax problems faced by Cairn Energy and Vodafone, Truss said she hoped that arbitra