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Home Economy

India-UK FTA: Early Harvest deals in progress

Fiinews by Fiinews
July 26, 2020
in Economy, Exports, Technology
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Ministerial meetings to intensify dialogue

India and the United Kingdom have affirmed shared commitment to a Free Trade Agreement and towards that, Early Harvest deals in a staged manner following a virtual 14th Joint Economic and Trade Committee meeting held on 24 July 2020.

Monthly ministerial meetings have been planned to intensify the dialogue, said the Commerce and Industry Ministry on 25 July 2020.

The 24 July meeting was co-chaired by Minister for Commerce and Industry Piyush Goyal and the UK Secretary of State for International Trade Elizabeth Truss.

They were assisted by Minister of State for #Commerce and #Industry Hardeep Singh Puri and his counterpart, the UK Minister of State for International #Trade, Ranil Jayawardena.

The Co-chairs of Business led Joint Working Groups on Life Science and Health, ICT and #Food and #Drink set up during the last JETCO made their recommendations to the Ministers.

The formal talks were followed by a plenary session led by Minister Puri, Jayawardena and the UK Minister of State for Investment, Gerry Grimstone interacting with business leaders which included Chandrajit Banerjee DG CII and Alay Piramal, Co-Chair of the India UK CEOs’ Forum.

Both sides approached the talks with open minds and shared commitment to revival and revitalisation of the long-standing trade and economic linkages between India and the UK, said the Ministry.

Both sides also resolved to cooperate in #health Sector especially in view of the present Pandemic of COVID-19. @WHO #export #import #UK #India /fiinews.com

Tags: Ministry of Commerce and Industry
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