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Expeditiously finalising a bilateral investment treaty, an important part of a proposed comprehensive FTA, are among the areas | Latest News India

Indian companies may soon list on the London Stock Exchange, following discussions during the India-UK Economic and Financial Dialogue.

Commerce minister says high-level Emarati delegation to discuss trade, investment during visit

British Prime Minister Rishi Sunak has expressed his desire for a free trade agreement (FTA) with India following discussions with Prime Minister Narendra Modi. Sunak, who recently visited India for the India-led G20 Summit, highlighted his three key aims for the visit: increasing diplomatic pressure on Russian President Vladimir Putin, climate action, and strengthening ties with India.

The two countries have also agreed to conduct investment negotiations in parallel with the goods negotiations to conclude their free trade agreement (FTA) talks.

Indian Prime Minister Narendra Modi and UK Prime Minister Rishi Sunak had a "productive conversation" regarding the ongoing negotiations for a Free Tr

Indian Prime Minister Narendra Modi and his British counterpart Rishi Sunak have discussed the progress of the India-UK Free Trade Agreement (FTA) neg

Sunaks meeting with Modi could provide an impetus to finalize the FTA for which talks have been ongoing for a fairly long period, it has been learnt. Ahead of his visit Sunak appeared confident that the FTA will be a "forward-looking" and "modern" deal that would benefit both sides and facilitate shared ambition of doubling trade by 2030.

Rishi Sunak, the British Prime Minister of Indian heritage, referred to his visit to New Delhi for the G20 Leaders Summit as "obviously special." He expressed excitement about being back in India, a country that is "very near and dear" to him. Sunak, along with his wife, is scheduled for bilateral talks with Prime Minister Narendra Modi. The UK plans to discuss the Russia-Ukraine conflict and seek Indias support.

The remarks assume significance as the 12th round of talks concluded last month between the officials of the two countries. The talks for the agreement were launched in January 2022. According to the report, Sunak has said that he would not set a deadline for the conclusion of negotiations. Progress has been made, but "we are not there yet," the BBC report said quoting the UK Prime minister.