Suresh Prabhu on his visit to U.K, highlighted that India has revived the stalled talks on Free Trade Agreement (FTA) with the European Union and that India is keen to work on closer ties with both U.K and E.U. During his ongoing visit for the India-UK Joint Economic and Trade Committee (JETCO) meeting in London, the minister held bilateral talks with UK international trade minister Liam Fox and met with leaders of UK business and industry.
He said all groups had expressed a growing interest in India’s growth story and that India-UK ties were “very strong and equally balanced from both sides”
The recommendations of the Joint Trade Review conducted by both countries were also presented to ministers to continue the work of the India-UK working group on trade, established to remove hurdles in the path of a post-Brexit free trade agreement (FTA).
“India is on track to grow faster and these talks were extremely forward looking but much more needs to be done. However, we have begun the year on a very good note,” Prabhu said
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This post has been authored by Shantanu Awasthi from West Bengal National University of Juridical Sciences.
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