Business Standard

Tariff tussle: UK delegation reaches out to Siam to quell FTA doubts

Holds meets with industry representatives; agreement at advanced stage

export
Premium

A British High Commission spokesperson said the UK and India continued to work towards an ambitious trade deal that worked for both countries

Nitin KumarShreya Nandi New Delhi

Listen to This Article

A government delegation from London has reached out to India’s key auto lobby group to assuage its fears of India allowing greater market access to United Kingdom-based (UK-based) carmakers under the proposed free trade agreement (FTA) between the two nations. The agreement is at an advanced stage.

The delegation has held meetings with various industry representatives, among them being those of the Society of Indian Automobile Manufacturers (Siam), Business Standard has learnt.
 
The UK’s demand for significant cuts in duty on automobiles, especially electric vehicles (EVs), has been one of the thorny issues in the talks on free trade.
 
The

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 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