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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.
Source: UK Government
Trade Secretary Liz Truss has today 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 economy and market of 1.4 billion consumers. This includes removing tariffs of up to 150% on whisky and 125% on British-made cars.
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.
Britain kicks off 14-week consultation to gather public, corporate views on FTA with India
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
PTI | May 25, 2021 | Updated 21:07 IST
The UK says it wants a deal that slashes barriers to doing business and trading with India s 2 trillion pound economy and a market of 1.4 billion consumers
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.
Britain opens 14-week consultation to fire starting gun on FTA with India
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Last Updated: May 25, 2021, 08:07 PM IST
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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 future-focused industries such as science, technology and services, creating high-value jobs across the country.
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.