Page 10 - India Uk

Out of alignment

India should accept international arbitration

India-UK FTA: Goyal, Badenoch discuss thorny issues in negotiations

India and the UK began negotiations on the FTA in January 2022, and set a Diwali deadline last year for the trade pact

Piyush Goyal meets UK counterpart to discuss free trade agreement

Goyal was on a two-day visit to the UK, which began on July 10

India-UK FTA: Half the chapters in pact agreed on, says UK minister

The United Kingdom is keen that free trade pact being negotiated with India is completed at the earliest as it re-focuses its attention of the growing markets of the Indo-Pacific, however the financial powerhouse is not setting any deadlines for the agreements which will include deals on service sector and investments. UK's Minister for International Trade, Nigel Huddleston, in an exclusive interview to PTI said that half the chapters in the deal have already been concluded and work is on to complete the negotiations as soon as possible. We have made good progress on the FTA we have concluded negotiations on half the chapters in the pact. We want a comprehensive agreement on both goods and services. It (the pact with India) is going to be very important as part of our shift towards the Indo-Pacific, the UK Minister said. We are particularly keen to get this FTA with India as we have strong historic ties, he added. British Prime Minister Rishi Sunak had earlier last week indicated

No deal for access to Britain's labour market: UK on India FTA talks

Britain launched trade talks with India in January last year, and Prime Minister Rishi Sunak has stressed that he won't sacrifice quality for speed in negotiations

India and UK regulators close to resolving clearing house impasse

The legal framework of India, as implemented by the RBI, provides for an effective equivalent system for the recognition of central counterparties authorised under other regimes of other countries

Top headlines: India seeks import duty relaxation, US flags policy barriers

Business Standard brings you the top headlines at this hour

India, UK seeking equal treatment for services sector cos under FTA

India and the UK are seeking equal treatment in each other's market for their respective companies engaged in the services sector under the proposed free trade agreement, which is under negotiations, a government official said. The two countries are looking at promoting trade in services through this agreement, negotiations for which was launched on January 13, 2021. As many as ten rounds of talks have been completed till June this year and both sides are aiming to conclude the negotiations at the earliest. In the services sector, the official said the UK is showing keen interest in areas such as financial sectors, while India is looking at areas such as education and movement of skilled professionals. Under the services chapter of the free trade agreement, there are no customs duty concessions given to each other. The two trading partners negotiate issues like giving national treatment to Indian and British companies in different sectors and ease norms to promote trade in service

Trade deal with UK: India may give UK access to PV market, with riders

India has proposed a tariff rate quota (TRQ) that will impose a ceiling on the number of PVs (under 100,000 units) that will be allowed to be imported on a concessional tariff

Indian students in the UK surpass all countries: British High Commissioner

The High Commissioner of the United Kingdom visited JGU for the first time and addressed students of international affairs

India-UK FTA negotiations conclude with 'detailed' policy discussions

The ninth round of India-UK free trade agreement (FTA) negotiations concluded with detailed discussions across a range of policy areas, the UK government said on Wednesday. A joint outcome statement issued by the Department for Business and Trade (DBT) revealed that Round 9 of the ongoing talks took place between April 24 and 28 in a hybrid format, with some Indian officials travelling to London and others attending virtually. There is no date set for the 10th round of negotiations, which is likely to be hosted by New Delhi, also in a hybrid format. In continuation of the eighth round of negotiations held during 20-31 March 2023 in New Delhi, the United Kingdom and the Republic of India held the ninth round of talks during 24-28 April for a UK-India FTA, the DBT statement said. As with previous rounds, these were conducted in a hybrid fashion a number of officials from India travelled to London and others attended virtually. During the round, detailed discussions took place across

King Charles III enthronement 'interesting moment' for India: Indian envoy

He said that they are "delighted" that India at the coronation ceremony of King Charles III is represented by one of its highest dignitaries

India-UK join hands to drive transport decarbonisation initiatives

The initiative is backed by the governments of both India and the UK and is among the first to be announced following a landmark MoU signed by the UK and India Science Ministers

UK's FTA negotiator Harjinder appointed new Trade Commissioner to India

Harjinder Kang, Britain's Chief Negotiator for the India-UK free trade agreement (FTA) was on Wednesday named as the country's new Trade Commissioner to South Asia and Deputy High Commissioner for Western India. Kang, who will succeed Alan Gemmell as Deputy High Commissioner, will play a pivotal role in supporting the implementation of the FTA expected to bring huge opportunities for UK businesses, according to the British government. India and the UK have held nine rounds of discussions since the FTA talks began over a year ago in January 2022, with a goal towards a comprehensive pact that is expected to significantly enhance the bilateral trading relationship worth an estimated GBP 34 billion last year. I am delighted to welcome Harjinder to this role. He has been an integral part of our India trade deal negotiating team, and I'm confident he will use that experience to build on our outstanding track record on trade in South Asia, expanding opportunities for British businesses in

India, UK sign agreement to collaborate on science and innovation

The agreement will remove red tape standing in the way of major collaborations while unleashing a raft of new joint research schemes

UK minister Dominic Johnson begins India visit with focus on tech ties

UK's Minister for Investment Lord Dominic Johnson on Wednesday embarked on a visit to India to strengthen the bilateral investment partnership across technology and life sciences sectors and build momentum behind ongoing trade talks. After arriving in Bengaluru, Johnson is set to visit Pune to meet investors and leading Indian businesses, including Infosys and Zensar, to drum up investor interest in the UK, the Department for Business and Trade (DBT) said. The visit coincides with Round 9 of negotiations this week between officials working on the UK-India free trade agreement (FTA). "It is fantastic to be in India again visiting the vibrant cities of Pune and Bengaluru to find out how our strong cultural and economic ties mean investors and business leaders continue to choose the UK, said Johnson. He visited Mumbai and New Delhi in October last year when he met with investors and businesses including Apollo Hospitals, Prodapt and Wockhardt. From life sciences to AI [artificial ...

UK investment minister begins India visit with focus on tech ties

UK's Minister for Investment Lord Jo Johnson on Wednesday embarked on a visit to India to strengthen the bilateral investment partnership across technology and life sciences sectors and build momentum behind ongoing trade talks. After arriving in Bengaluru, Johnson is set to visit Pune to meet investors and leading Indian businesses, including Infosys and Zensar, to drum up investor interest in the UK, the Department for Business and Trade (DBT) said. The visit coincides with Round 9 of negotiations this week between officials working on the UK-India free trade agreement (FTA). "It is fantastic to be in India again visiting the vibrant cities of Pune and Bengaluru to find out how our strong cultural and economic ties mean investors and business leaders continue to choose the UK, said Johnson. He visited Mumbai and New Delhi in October last year when he met with investors and businesses including Apollo Hospitals, Prodapt and Wockhardt. From life sciences to AI [artificial ...

May feel pressure on non-tariff barriers in FTA, says UK panel

As much as 60 per cent of Indian exports to the country are already tariff free, while only three per cent of UK exports to India are tariff free

India, UK hold first in-person financial dialogue meeting since 2017

'Scope for augmenting knowledge on CBDC through mutual learning explored'

India, UK hold first in-person financial dialogue meeting since 2017

'Scope for augmenting knowledge on CBDC through mutual learning explored'