Send The UK says it wants a deal that slashes barriers to doing business and trading with Indiaâs 2 trillion pound economy and a market of 1.4 billion consumers.
File photo: Reuters; UK Trade Secretary Liz Truss
London:
The UK government said on Tuesday that it has kicked off preparations for a free trade agreement (FTA) with India, launching a 14-week consultation to seek the views of the public and business before formal negotiations begin later this year.
UK Trade Secretary Liz Truss said Britain wants a trade deal with India that pushes new frontiers and welcomes wide input from consumers and businesses across all sectors, which will help craft a deal that includes closer cooperation in âfuture-focused industriesâ such as science, technology and services, creating high-value jobs across the country.
UK seeks views from public, businesses on free trade ties with India
UK seeks views from public, businesses on free trade ties with India
The United Kingdom has launched a consultation to seek views from the public on trade deals with India, which is huge market for its products.
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Nearly half a million jobs are supported across India and the UK. (Reuters)
The United Kingdom has launched a 14-week consultation to seek views from the public and businesses for trade deal with India. While negotiations for a UK-India free trade agreement is aimed to start in autumn, these consultations are “to ensure a deal is tailored to UK interests”.
New Delhi [India], May 25 (ANI): The UK on Tuesday (local time) kickstarted 14-week consultation preparation for trade negotiations with India to seek views from the public and businesses.
UK begins preparations for trade negotiations with India May 25, 2021 British Trade Secretary Liz Truss on Tuesday kicked off preparations for a trade deal with India, launching a 14-week consultation to seek the views of the public and business. Courtesy file photo
LONDON British Trade Secretary Liz Truss on Tuesday kicked off preparations for a trade deal with India, launching a 14-week consultation to seek the views of the public and business.
The UK wants a deal that slashes barriers to doing business and trading with India’s 2 trillion pound ($2.83 trillion) economy and market of 1.4 billion consumers.
Wide input from consumers and businesses across all sectors will help the UK craft a deal that includes closer cooperation in future-focused industries such as science, technology and services, creating high-value jobs across the country. Formal negotiations are expected to begin later this year.
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.