Page 8 - India Uk

Negotiating teams to restart FTA talks with India as soon as possible: UK

The process of getting negotiating teams back in the room will kick-start soon to deliver a Free Trade Agreement (FTA) with India, the UK's newly elected Labour government announced on Monday as it set out its trading priorities. Business and Trade Secretary Jonathan Reynolds spelt out his department's approach to international trade deals, which he said will put economic growth at the heart of the negotiations to achieve high-quality pacts that give British businesses access to international markets and boost jobs. The Department for Business and Trade (DBT) said it also plans to publish a trade strategy which aligns with the government's industrial strategy, enhances economic security and supports net zero ambitions. Boosting trade abroad is essential to deliver a strong economy at home. That's why I've wasted no time taking stock of progress and getting ready to press on with trade talks with our international partners, said Reynolds. From the Gulf to India, our trade programme

India-UK FTA: UKIBC chief Mccole hopeful of signing some deal quickly

Reiterating the UK Foreign Secretary's statement, he noted that David Lammy sees FTA as a "floor" for both countries' trade and investment relationship

India-UK unveil futuristic Technology Security Initiative; to seal FTA soon

India and the UK on Wednesday firmed up a landmark technology security initiative that sets out a bold new approach for collaboration in a range of "priority" sectors including telecom, critical minerals, semiconductors and artificial intelligence, with a broader aim to elevate their strategic partnership to the next level. The decision on the UK-India Technology Security Initiative was made public following wide-ranging talks between External Affairs Minister S Jaishankar and his visiting British counterpart David Lammy. In the discussions, both sides appreciated the "substantial" progress made in the India-UK FTA negotiations and looked forward to its "early conclusion" to achieve a mutually beneficial deal, the Ministry of External Affairs (MEA) said. It is learnt that the Indian side, during the talks, flagged its concerns over activities of pro-Khalistan elements in the UK while the British side raised the issue of Christian Michel, the key accused in the AgustaWestland VVIP ..

India-UK relationship has enormous possibilities, says EAM Jaishankar

The India-UK relationship has enormous possibilities and realising them meaningfully is the task at hand, External Affairs Minister S Jaishankar said on Wednesday during talks with his British counterpart David Lammy that focused on galvanising the ties including to push for a free trade pact. Lammy is on a two-day visit to India primarily to reset the overall partnership between the two countries in crucial areas such as trade, defence and security, clean energy, new technologies, digital domain and mobility of people. The British foreign secretary called on Prime Minister Narendra Modi who said India remains committed to elevating its ties with the UK and welcomes the desire to conclude a mutually beneficial free trade pact. Lammy's visit to New Delhi is the first high-level engagement between India and the UK after Prime Minister Keir Starmer's Labour government came to power on July 5. "I do believe that our relationship, it is a very important relationship at the enormous ...

British foreign secy David Lammy launches UK-India Tech Security Initiative

British Foreign Secretary David Lammy on Wednesday announced a new UK-India Technology Security Initiative during his first visit to India, where he met Prime Minister Narendra Modi and other senior leaders in New Delhi. According to the UK's Foreign, Commonwealth and Development Office (FCDO), the security initiative has been agreed by the National Security Advisors (NSAs) following negotiations between both countries to expand collaboration in critical and emerging technologies across priority sectors. It will set out a bold new approach for how the UK and India work together on defining technologies across telecoms, critical minerals, AI, quantum, health/biotech, advanced materials and semiconductors. The FCDO said the tech initiative is part of a wider package of announcements the UK Foreign Secretary agreed following bilateral meetings in New Delhi, including with his counterpart External Affairs Minister Dr S Jaishankar, to "refresh the UK-India Comprehensive Strategic ...

India committed to elevating ties with UK, desire to conclude FTA: PM Modi

India remains committed to elevating its ties with the UK and welcomes the desire to conclude a mutually beneficial free trade pact, Prime Minister Narendra Modi said after British Foreign Secretary David Lammy met him on Wednesday. In a post on 'X', Modi also appreciated the priority accorded by British Prime Minister Keir Starmer to broaden and deepen the India-UK comprehensive strategic partnership. Lammy is on a two-day visit to India to galvanise negotiations for the trade pact and reset the overall bilateral partnership in crucial areas such as clean energy, new technologies and security. The British foreign secretary's visit to New Delhi is the first high-level engagement between India and the UK after Prime Minister Starmer's Labour government came to power on July 5. "A pleasure to meet UK FS @DavidLammy. Appreciate the priority accorded by PM @Keir_Starmer to broaden and deepen the Comprehensive Strategic Partnership," Modi said. "Remain committed to elevating the ties.

India-UK FTA negotiations floor not ceiling of ambitions: David Lammy

British Foreign Secretary David Lammy on Wednesday began a two-day visit to India to galvanise negotiations for an ambitious Free Trade Agreement and reset the overall bilateral partnership in crucial areas such as clean energy, new technologies and security. As he embarked on the high-profile trip, Lammy described the negotiations for the trade deal as the floor and not the ceiling of the ambitions to unlock shared potential and deliver growth. The British foreign secretary's visit to New Delhi is the first high-level engagement between India and the UK after Prime Minister Keir Starmer's Labour government came to power on July 5. "India is the emerging superpower of the 21st century, the largest country in the world with 1.4 billion people and one of the fastest growing economies in the world," Lammy said. "Our Free Trade Agreement negotiations is the floor not the ceiling of our ambitions to unlock our shared potential and deliver growth, from Bengaluru to Birmingham," he said.

Trumpets & tradition on display as King Charles presides over Parl opening

King Charles III will officially open the new session of Parliament on Wednesday, donning his ceremonial robes and the crown of state to deliver a speech laying out the legislative program of the U.K.'s first left-leaning government in 14 years. The state opening of Parliament is one of the traditional set pieces of the political year, showcasing through carefully choreographed pageantry Britain's evolution from an absolute monarchy to a parliamentary democracy where real power is vested in the elected House of Commons. Here's a brief look at the history of the King's Speech and how it unfolds. What is the King's Speech? In simple terms, it is a speech that lays out the government's legislative program for the coming year. The speech is written by the elected government, currently led by Prime Minister Keir Starmer, and delivered by the king during a joint session of the House of Lords and the House of Commons. The event is a symbol of the monarch's constitutional role as head of

India-UK innings back on track

India's ties with the UK are at an interesting crossroads. Regardless of the direction taken, relations seem poised to move in an upward trajectory

India-UK FTA: Pending issues to be solved post Britain's general elections

The outstanding issues with regard to the proposed free trade agreement (FTA) between India and the UK will be taken up after the general elections in Britain, a senior government official said on Friday. The issues which need to be ironed out include duties in sectors like electric vehicles, alcoholic beverages, and services. "The outstanding issues to seal the deal will be resolved once the general elections in the UK are over," Additional Secretary in the Department of Commerce L Satya Srinivas told reporters here. The UK's general election will be held on July 4. India and the UK launched talks for an FTA in January 2022 to boost economic ties between the two nations. There are 26 chapters in the agreement, which include goods, services, investments and intellectual property rights. The bilateral trade between India and the UK increased to USD 21.34 billion in 2023-24 from 20.36 billion in 2022-23. On the India-EU trade pact, Srinivas said that the eighth round of talks is .

Find out why the High Commissioner for India owes 8 mn pounds to the UK

London's embassies and international bodies owe more than GBP 143 million 'outstanding congestion charge' to the Transport for London

India, UK reaffirm their FTA commitment at annual Strategic Dialogue

India and Britain have reaffirmed their commitment to conclude a mutually beneficial free trade agreement (FTA) at the annual UK-India Strategic Dialogue here, as the two sides reflected the "good progress" on the 2030 Roadmap since the last review. Foreign Secretary Vinay Kwatra, who is on a visit to the UK, held discussions with his counterpart, Sir Philip Barton, Permanent Under-Secretary at the Foreign, Commonwealth and Development Office (FCDO) on Friday. After their meeting, the FCDO said the two leaders reviewed the progress made on the UK-India 2030 Roadmap since the last strategic dialogue in January last year and looked ahead to the next phase of bilateral cooperation. The two reflected on good progress on the 2030 Roadmap since the last review, noting key areas where the UK and India have worked together to tackle some of the world's biggest challenges, the FCDO said in a statement. This included collaborating on the world's first malaria vaccine, working closely on Indi

Good market access offered on both sides, says UK on India FTA talks

There has been good market access offered on both sides but not enough to secure a free trade agreement (FTA), the UK government has said as Indian negotiators are in London this week to continue discussions with their British counterparts. During a debate in the House of Lords this week, UK Foreign Secretary David Cameron was addressing questions from British peers on the current state of freedom of religion or belief in India. The recent restructuring of the BBC to create a new Indian-owned entity in order to comply with the country's foreign direct investment (FDI) rules was flagged by Liberal Democrat peer Lord Jeremy Purvis, who questioned the level of market access being offered to India in the field of media, data and telecoms as part of the FTA negotiations. My understanding of where we are with the trade deal is that good market access has been offered on both sides, but not quite enough yet to secure a deal. It is important with such trade deals, as you only really get one

12 Indians arrested by UK's immigration dept over breach of visa rules

Eleven men and one woman, all said to be Indian nationals, have been arrested by the UK's immigration authorities in a series of raids on suspicion of being in breach of their visa conditions and working illegally at a bedding and cake factory. According to a statement from the UK Home Office on Wednesday, Immigration Enforcement officers descended on the bedding and mattress business in the West Midlands region of England following intelligence that illegal work was taking place on-site. They arrested seven men all Indian nationals for suspected illegal working, the Home Office said. Four more Indian men were arrested at a nearby cake factory. They were found to be in breach of their visa conditions, and one was also working illegally. An Indian woman was then arrested for immigration offences at a private home, with further raids planned throughout the afternoon, it said. The officials said four of the offenders were detained pending consideration for removal from the UK or ...

India-EFTA investment chapter: A new beginning

EFTA governments have committed to promoting investments, and facilitating job creation (as a result of such investment), as well as cooperating on technology collaboration between EFTA and India

India, UK aim to sign free-trade agreement by July; legal vetting on

The timeline for finalising the FTA continues to remain crucial even after the conclusion of the Lok Sabha elections in early June, since the UK will get close to its general election thereafter

Round 14 of India-UK FTA talks put on hold ahead of election schedule

The 14th round of the free trade agreement (FTA) negotiations between India and the UK has now closed, with formal negotiations being put on hold as India heads into election campaign mode as the general election schedule is announced on Saturday. According to UK officials familiar with the discussions, a lot of progress has been made but the teams are not in a position to conclude an agreement which led to the Round 14 closing on Friday. The next round of formal trade talks can commence only after the Lok Sabha polls have concluded. The India-UK FTA negotiations, which opened in January 2022, are aimed at securing an ambitious outcome for bilateral trade currently worth around GBP 38.1 billion a year as per official statistics from last month. We anticipate that while some talks might happen between rounds, the next round of negotiations will take place after the Indian elections, official sources in the UK said. Neither side is walking away from talks. It's just that we don't h

UK team heads back to London with Round 14 of FTA talks still open

Sources said the UK is "proud" of all that has been achieved so far and that the Prime Minister Rishi Sunak-led government remains committed to securing a "comprehensive and ambitious" FTA and BIT

India-UK FTA: Goyal, Badenoch meet to decide future course of action

The ministers are expected to hold bilateral talks on the sidelines of the World Trade Organization's four-day summit - the 13th Ministerial Conference -- in Abu Dhabi

Progress of India-UK trade pact talks reviewed at highest level: Report

With the negotiations for the proposed India-UK free trade agreement reaching an advanced stage, the Prime Minister's Office reviewed the progress of the talks on February 16, sources said. Commerce and Industry Minister Piyush Goyal and Commerce Secretary Sunil Barthwal were also present in the meeting, they said. "The talks for the agreement are at a crucial stage now. About three reviews have happened so far at the highest level," they said, adding both countries are working to iron out differences on the remaining issues. The commerce secretary recently stated that the negotiations were taking time because "we want" to safeguard India's interest. "India should commercially gain out of it and we should also be able to safeguard the interest of our farmers, PLI (production linked incentive) scheme goods. So, we are there to see that the deal is a fair deal," he said. So far 13 rounds of talks have been completed and the 14th round started on January 10. Some of the key issues .