held in india G-20 Summit Before attending the meeting of UK Prime Minister Rishi Sunak has given a big statement. Rishi Sunak told his ministers that the Free Trade Agreement (FTA) with Indiafta) but talks are in progress. The country will agree to only that agreement which is in the interest of Britain. This weekend, he will be on his first visit to India as the British Prime Minister to attend the G20 world leaders’ summit in New Delhi. Sunak gave an update to his ministers on the trade talks at the cabinet meeting. So far, 12 rounds of talks have been completed in this regard. Sunak described India as an indispensable partner of Britain in all areas of bilateral cooperation. He said that he is keen to further strengthen the ties.
UK-India ties must be strengthened: Sunak
According to a statement released by Downing Street on the cabinet meeting, he said that negotiations on a free trade agreement were moving forward and that he would only agree to an approach that would be in the interest of the whole of Britain. According to the statement, the Prime Minister said that India is an indispensable partner of the UK in tackling the economic and global challenges facing all democracies. He said that we must now strengthen the UK-India relationship.
Next round of FTA talks between India, UK this month
The 13th round of talks for the proposed Free Trade Agreement (FTA) between India and Britain will be held in Delhi this month. The Commerce Ministry had given this information on Friday. Earlier, the 12th round of talks took place from 8-31 August. An official statement said that Britain’s Trade Secretary Kemi Badenoch visited India for the meeting and met Commerce and Industry Minister Piyush Goyal. According to the statement, they discussed the FTA and agreed on ways to take the negotiations forward.
Indian High Commissioner positive about India-UK FTA talks
Ahead of the 12th round of talks for the India-UK Free Trade Agreement (FTA), Indian High Commissioner to the UK Vikram Duraiswamy expressed hope that the two countries would be able to reach a “favorable position” for a mutually beneficial deal. The 12th round of FTA talks began on 16 August in New Delhi. High Commissioner Duraiswamy had said that he was positive about this as both the countries understand the complexities of two very different structures of similar size economies and they are ready to make necessary adjustments. Regarding the comprehensive bilateral partnership, he expressed the hope of ‘clear harmony’ in various fields.
I am positive about FTA: Indian High Commissioner
Indian High Commissioner said that I am positive about FTA. My intention is that to the extent that we can, we would like to conclude a mutually beneficial free trade agreement. He said that I believe both sides are ready for necessary adjustments. The structure of our economies is different. In such a situation, it becomes very important to make a ‘proper way’ together. The senior diplomat has been involved in the FTF talks since January last year. He said it was important that the British side recognized some of the complexities of the structure of the Indian economy.