In the India and EU Leaders' Meeting held in Porto on May 8, 2021, an agreement was reached for resuming negotiations for a balanced, ambitious, comprehensive and mutually beneficial free trade agreement.
Rajesh Kumar Singh, secretary Secretary, Department for Promotion of Industry and Internal Trade (DPIIT) has highlighted that the India-UAE Comprehensive Economic Partnership Agreement (CEPA), which was negotiated in just 88 days, was path-breaking and has become a significant turning point
Union minister Piyush Goyal has now cleared the air regarding the ongoing trade talks between India and the UK and stressed on the fact that negotiations continued to be underway.
Biden's visit, and the anniversary, come at a delicate time for Northern Ireland, as it grapples with the repercussions of Brexit on its borders and trade dealings.
Notably, over 70 people died during the 2014 Maidan protests, which were sparked by former Ukrainian President Viktor Yanukovych's decision to scrap a trade deal with the European Union and instead turn toward Russia, according to CNN.
"The trade deal between India and UAE helped in increasing the trade between the two countries, by around 90 per cent in less than a year. So, we hope to do the same thing here as well," Bob Blackman said.
In the latest episode of ANI 'Podcast with Smita Prakash', the British High Commissioner underlined the benefits of the India-UK free trade deal, which he says is underpinned by the mutual trust between the two countries.