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India-UK Joint Media Statement on Launch of Negotiations

By Simon Lovegrove (UK) on January 18, 2022

On 13 January 2022, the Indian Minister for Commerce and Industry, Piyush Goyal and UK Secretary of State for International Trade, Anne-Marie Trevelyan published a joint statement stating that the Republic of India and UK have formally launched negotiations for a Free Trade Agreement between the two countries. Both sides have agreed to double bilateral trade by 2030, as part of Roadmap 2030 announced by the Prime Minister Narendra Modi and Prime Minister Boris Johnson in May 2021. India and the UK will seek to agree a mutually beneficial agreement supporting jobs, businesses and communities in both countries. Trade negotiations will be a priority for both countries, building upon the  Enhanced Trade Partnership which launched in May 2021. The first round of negotiations will begin on 17 January, and future rounds of negotiations will take place approximately every five weeks.

  • Posted in:
    Financial, International
  • Blog:
    Global Regulation Tomorrow
  • Organization:
    Norton Rose Fulbright
  • Article: View Original Source

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