The highlight of PM Modi's visit will be the signing of the India-UK FTA, which has been under negotiation for three years. This agreement is expected to eliminate tariffs on 99% of Indian exports to the UK and reduce tariffs on 90% of British products.
Prime Minister Narendra Modi's official visit to Cyprus concluded with the adoption of a Joint Declaration outlining a roadmap for deepened strategic cooperation between the two nations, according to a press release issued by the Prime Minister's Office.
Prime Minister Narendra Modi on Tuesday said that the landmark Free Trade Agreement (FTA) between India and the United Kingdom, centered on mutual trade and economic cooperation between two of the world's largest powers and open market economies, marks the beginning of a new chapter in th
The UK and India have agreed a landmark trade deal which delivers on the UK government's core mission of growing the economy, raising living standards, and putting money in people's pockets, the UK government said in a statement.
New Delhi [India], March 27: As the European Union and India edge closer to finalizing a landmark free trade agreement (FTA), Swedish infrastructure innovator Inpipe Sweden AB is positioning itself to capitalize on reduced trade barriers and expanded market access to scale its sustainable pi
In a major push to bolster economic ties between the UK and India, UK ministers have announced 17 new export and investment deals during their visit to India this week, a press release added on Wednesday.
The visit includes two days of discussions with India's Commerce and Industry Minister, Piyush Goyal, and his team, aimed at reviving the stalled trade deal and deepening economic ties between the two nations.
India needs to develop about 300 million tons of steel capacity by 2030, which is at present at 100 and 80 million tons at present, said Sandeep Poundrik, Steel Secretary to the government of India.
Highlighting the ongoing talks on the India-UK Free Trade Agreement (FTA), Kevin Mccole, Managing Director, of the UK-India Business Council said that they are hopeful that some deal could be done quickly and then built upon while moving forward.
Newly elected United Kingdom Prime Minister Keir Starmer expressed his enthusiasm for finalising a free trade agreement with India during a conversation with Prime Minister Narendra Modi.
The long-awaited trade deal between India and Britain is likely to be signed after the completion of elections in the United Kingdom as the officials of India and the United Kingdom met virtually on May 7 last month.
The last round of negotiations on pending issues between India and United Kingdom concluded this month, but the negotiating teams of both sides are continuing to hold virtual discussions on few vital issues.