FTA negotiations between India, UK result in draft treaty text advancing across majority of chapters
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The British government said that the free trade agreement (FTA) negotiations between India and the UK have resulted in the draft treaty text advancing across the majority of chapters at the end of the third round of talks. The Department for International Trade (DIT) issued a ‘joint outcome statement’ at the end of the latest round of technical talks between the negotiators on both sides.
The experts held 60 separate sessions in-person and virtually to cover 23 policy areas, with the fourth round of talks now scheduled to be hosted by the UK next month. On May 06, 2022, the Republic of India and the United Kingdom concluded the third round of talks for an India-UK FTA. For this round of negotiations, the draft treaty text was advanced across the majority of chapters.
Indian High Commissioner to the UK Gaitri Issar Kumar has said officials have been working round-the-clock towards the deadline and Minister of Commerce and Industry Piyush Goyal is also scheduled for a UK visit at the end of this month to hold discussions with stakeholders to move things along.
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