UK Pursues New Free Trade Agreement with India

September 17, 2021 Maritime Executive 0 Comments

The UK will meet with India in November in an effort to establish a free trade agreement to build new trade relationships following Britain’s departure from the European Union.

Since its departure from the EU in January 2020, the UK is seeking to rebuild trading agreements as its previous EU trade agreements ended at the beginning of this year.

India’s Commerce & Industry Minister, Sri Piyush Goyal, said the interim trade pact would involve early tariff or market access concessions on key high priority products and services.

“India is committed to the early conclusion of an ambitious, comprehensive and mutually beneficial India-UK free trade agreement,” said Goyal after holding discussions with Britain’s Secretary of State Elizabeth Truss. Read More.

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