Monday, May 19, 2025 | 07:58 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

India, UK start FTA negotiations to double bilateral trade by 2030

First round of talks on Jan 17, future rounds every five weeks

India's Minister of Commerce and Industry, Piyush Goyal, and British Secretary of State for International Trade Anne-Marie Trevelyan pose for a picture during the launch of free trade agreement (FTA) negotiations between the United Kingdom and India
Premium

India's Minister of Commerce and Industry, Piyush Goyal, and British Secretary of State for International Trade Anne-Marie Trevelyan pose for a picture during the launch of free trade agreement (FTA) negotiations between the United Kingdom and India

Asit Ranjan Mishra New Delhi
India and the United Kingdom (UK) on Thursday formally launched negotiations for an ambitious free trade agreement (FTA) with an aim to first complete an interim agreement by mid-April and subsequently a comprehensive deal by the end of the year, which could double the bilateral trade to $100 billion by 2030.

Trade Minister Piyush Goyal and his British counterpart Anne-Marie Trevelyan, who is visiting India, jointly launched the talks for the FTA, which is touted as India’s deepest trade deal yet.

In a joint statement, both sides said the first round of negotiations will begin on January 17, and the next rounds

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in