New Delhi is also seeking to claw back half a billion pounds in payments made by Indian workers toward Britain's social security system as part of the deal
The India-UK free trade agreement (FTA) is reportedly on the verge of collapse after the Indian government was angered by comments made by UK Home Secretary Suella Braverman questioning action over visa overstayers from the country, a UK media report claimed on Wednesday. The Times' newspaper quoted government sources to say that ministers in New Delhi were shocked and disappointed by the disrespectful remarks made by Braverman, who said she had concerns of an open borders offer to India as part of an FTA. The likelihood of meeting the Diwali deadline for the pact, set by former Prime Minister Boris Johnson, is now believed to be diminishing. There's still a lot of goodwill but if certain individuals are still embedded in the [UK] government it will paralyse the talks, the newspaper quoted a source as saying. Last week, Braverman, the Indian-origin Home Secretary said in an interview that she feared a trade deal with India would increase migration to the UK when Indians already ...
After the UK deal, the next in line will be a deal with Canada that both nations aim to finalise by December
Given its stage and uncompetitive infrastructure, India's approach has been largely naïve or self-destructive
At one stage, a series of demands from India appeared set to paralyse talks but accommodations were found, trade sources said
WTO DG Ngozi Okonjo-Iweala told the more than 100 ministers present that time was running out and that they should "go the extra mile" to converge on the full range of issues
India and the European Union agreed to establish a Trade and Technology Council early this week. What it is and what both sides will gain from it, watch this report to know more.
Both countries must play the central role in developing the economic framework for a free and open Indo-Pacific
CIABC director-general Vinod Giri tells Indivjal Dhasmana on India-Australia agreement on wine, interim trade deal and issues on spirits
The likely finalisation of the early harvest or 'phase-one' of the ambitious free trade agreement was confirmed by Australian High Commissioner to India Barry O'Farrell on Sunday
The minister further stated that with tariff concessions offered to the UAE in gold will lower input costs boosting the exports to the UAE
India and Australia have been fair about understanding the sensitive sectors in respective nations
Development comes months after the two govts renewed India US Trade Policy Forum (TPF), and both nations agreed to iron out thorny issues, including market access issues pertaining to farm sector
UK is planning to relax immigration rules by offering cheaper and easier visas for Indian tourists, students and professionals, in an attempt to clinch a trade deal with India, a media report said
Officials from both nations have been asked to expedite negotiations towards finalisation of the CECA
A trade agreement is like a game of chess
Globally, there are over 350 Preferential Trade Agreements (PTAs) or Free Trade Agreements (FTAs) or Regional Trade Agreements (RTAs). Most of them are defunct
Tertiary sector is not going to generate most of these 100 million jobs; focus should be on manufacturing and formal sector
While signing early-harvest agreements can be a good strategy since it signals commitment from both nations and kicks off trade in a small way, some experts believe targets are too grandiose
Britain agreed to a trade deal with New Zealand on Wednesday, eliminating tariffs on a wide range of goods as the UK seeks to expand economic links around the world following its exit from the European Union.