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Markets: 32 sessions covered during Round One of UK-India FTA negotiations

Fiinews by Fiinews
January 30, 2022
in Exports, Markets
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Round two trade pact talks scheduled for 7-18 March 2022, says Ministry

Thirty-two separate sessions covering 26 policy areas were covered during Round One of Negotiations for A Free Trade Agreement between India and the United Kingdom, the Ministry of Commerce and Industry said on 28 Jan 2022.

The negotiators discussed Trade in Goods, Trade in Services including Financial Services & Telecommunications, Investment, Intellectual Property, Customs and Trade Facilitation, Sanitary and Phytosanitary Measures, Technical Barriers to Trade, Competition, Gender, Government Procurement, SMEs, Sustainability, Transparency, Trade and Development, Geographical Indicators and Digital.

‘The negotiations were productive and reflected our shared ambition to secure a comprehensive deal to boost trade between the 5th and 6th largest economies in the world,” said the Ministry.

The positive discussions in round one have laid the groundwork for the UK and India to make positive and efficient progress, it said.

The second round of negotiations is due to take place on 7-18 March 2022.

Both teams maintain a shared ambition to conclude negotiations by the end of 2022 – as part of both sides’ efforts to secure a comprehensive agreement, Chief Negotiators will continue to consider the benefits of an Interim Agreement, said the Ministry. fiinews.com

Tags: Ministry of Commerce and Industry
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