Representative image (TOI) Only around one fourth of the UK’s exports by value will receive immediate duty-free access to the Indian market, with most sensitive sectors remaining safeguarded, the government said on Friday, according to ET.Commerce secretary Sunil Barthwal, addressing the media, explained that product-specific rules of origin have been established. These include value-addition requirements designed to prevent transshipment and …
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India-UK trade deal: How will the Free Trade Agreement benefit India? Top 10 takeaways for Indians – Times of India
We take a look at how India and Indians stand to benefit from the free trade agreement with the UK. (AI image) India-UK free trade deal: The landmark India-UK free trade agreement (FTA) was signed on Thursday in the United Kingdom in the presence of PM Narendra Modi and UK PM Keir Starmer. India stands to gain significantly from the …
Read More »India-UK trade pact: Deal likely to be signed by July-end, legal scrubbing under way; commerce secretary holds talks in London – Times of India
India and the United Kingdom are likely to sign the long-pending free trade agreement (FTA) by the end of July, with the legal vetting of the agreement text now progressing at an accelerated pace, a senior government official said on Monday.To fast-track the process, Commerce Secretary Sunil Barthwal is currently in London with his team for discussions with UK Secretary …
Read More »India-UK FTA: Focused on doing trade deals to complement, not compete, says Goyal; ‘massive investments’ in innovation sector over the next decade – Times of India
Union minister for commerce and industry Piyush Goyal on Thursday said that India is in trade dialogues with the countries with whom it does not compete rather can complement with the economies involved.Speaking at an India Global Forum session on UK-India collaboration, the minister highlighted the opportunities that trade agreements create, both for the two countries and the global economy.Speaking …
Read More »India-UK trade deal: Why the new FTA in the series of bilateral FTAs is a joint success of trade & foreign policy – Times of India
India-UK FTA: It’s the joint success story of India’s Trade & Foreign Policy. (AI image) By Himanshu TewariThe recent announcement of India UK FTA is new in the series of bilateral FTAsnegotiated in the recent past – starting with Australia, followed by UAE and EFTA countries (Norway, Switzerland, Liechtenstein, Iceland). It demonstrates a very deliberate and sure-footed approach of expanding …
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