TheCityUK Hails Huge Potential Of UK-India Trade Deal Date
04/05/2021
The UK and India have announced plans for deeper cooperation, including a new Enhanced Trade Partnership paving the way for a future UK-India Free Trade Agreement.
Miles Celic, Chief Executive Officer, TheCityUK, said,
India will be one of the global economic powerhouses of the 21st century. A deal between India and the UK is a goal worth fighting for, but we must be clear-eyed about the size of the challenge. Reaching an agreement will take time and real commitment on both sides.
“The UK and India have two of the world’s most exciting and innovative service sectors. This should provide a solid foundation for economic cooperation and development. Any FTA must strive to deliver stronger two-way investment and trade in services. It should also build on the deep links between our professional services sectors, ensuring that businesses in the UK can attract the specific technical skills they need, while