India, UK eye interim pact to help clinch major trade deal
3 years, 6 months ago

India, UK eye interim pact to help clinch major trade deal

Live Mint  

India and the UK are intensifying talks to remove non-tariff barriers and foster greater market access as they work to stitch together the South Asian nation’s first major free trade pact in a decade. The two countries have zeroed in on a list of achievable items that would help the UK showcase the benefits of leaving the European Union while also allowing India to forge new bilateral ties after Prime Minister Narendra Modi’s government pulled out of a multilateral Asia trade pact in 2019, according to people with the knowledge of the matter in the capital, New Delhi. This would be the first major free trade agreement for India since 2011 when it signed a comprehensive deal with Malaysia, though a minor FTA was inked with Mauritius in February. The proposed agreement, one of the high-priority deals Johnson is hoping to secure -- along with Australia, New Zealand and the US -- is expected to resolve long-pending demands including allowing British legal firms access to the Indian market and a social security pact to ensure India’s skilled professionals don’t have to pay certain taxes in the UK if they’re being paid domestically, the people said.

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History of this topic

Conclude EU-India FTA to counter forces of protectionism and transactionalism, says Portuguese Foreign Minister
1 week, 2 days ago

Conclude EU-India FTA to counter forces of protectionism and transactionalism, says Portuguese Foreign Minister

The Hindu  

An early conclusion of the India-European Union Free Trade Agreement is necessary to “counter” the global trends of protectionism and transactionalism, Portuguese Foreign Minister Paulo Rangel told The Hindu during a four-day visit to India. Mr. Rangel visited India during his first trip to Asia, just days after the European Union concluded talks for an FTA with the South American …

India to work with rest of Brics countries to further ease trade
2 weeks ago

India to work with rest of Brics countries to further ease trade

Live Mint  

India's trade with BRICS countries may be poised for a take-off as officials work to extend customs-related privileges to trust ed merchants from these nations, which would also fetch similar benefits to Indian exporters to those markets, two persons familiar with the matter said. A second person said the road is clear for negotiating a similar deal with China, a …

The UK is open for business and India features high on its speed-dial
2 weeks, 1 day ago

The UK is open for business and India features high on its speed-dial

Live Mint  

Prime Minister Keir Starmer and Prime Minister Narendra Modi sat down together at the G20 Summit in Brazil for what both have described as an extremely productive meeting. And initiatives like the UK-India Infrastructure Financing Bridge between Niti Aayog and the City of London are bringing the UK’s financing expertise to bear in supporting India’s growth. A new National Wealth …

India seeks to accelerate TEPA implementation during commerce secretary’s visit to Norway
1 month ago

India seeks to accelerate TEPA implementation during commerce secretary’s visit to Norway

Live Mint  

India has intensified efforts to implement the Trade and Economic Partnership Agreement with the European Free Trade Association, with commerce secretary Sunil Barthwal embarking on a four-day trip to Norway on 22 November. The visit underscores India's push for broader global trade engagement, as TEPA offers unprecedented opportunities for Indian exports, services, and investments. The agreement, signed in March 2024 …

India-UK trade talks to focus on key tariff barriers and emerging sectors
1 month ago

India-UK trade talks to focus on key tariff barriers and emerging sectors

Live Mint  

The India-UK free trade agreement talks that are set to resume in early 2025 will focus on a range of critical areas including market access, regulatory frameworks, and tariff barriers. A successful FTA would facilitate increased trade across sectors like technology, agriculture, and manufacturing, while also deepening diplomatic ties, said Abhash Kumar, assistant professor of economics at Delhi University. India …

India-UK FTA talks: Both sides seek to bridge gaps to close deal expeditiously
1 month ago

India-UK FTA talks: Both sides seek to bridge gaps to close deal expeditiously

Live Mint  

New Delhi, Nov 20 India and the UK would seek to bridge the differences for expeditious conclusion of the proposed free trade agreement as Britain has announced resuming the negotiations early next year, an official statement said on Wednesday. British Prime Minister Keir Starmer has announced that trade talks with India will relaunch in the new year, following his bilateral …

FTA, extraditions in focus as PM meets UK’s Starmer
1 month ago

FTA, extraditions in focus as PM meets UK’s Starmer

Hindustan Times  

Resumption of talks for a trade deal and the extradition of fugitive economic offenders figured prominently in talks between Prime Minister Narendra Modi and his British counterpart Keir Starmer on the margins of the G20 Summit in Rio de Janeiro on Monday. Modi also raised the issue of extraditing economic offenders wanted by India with Starmer, and announced that two …

India, United Kingdom to resume FTA talks in 2025
1 month ago

India, United Kingdom to resume FTA talks in 2025

Hindustan Times  

India and the UK will resume talks on a trade deal early next year to address the remaining issues and finalise a balanced and forward-looking free trade agreement following a pause of several months due to elections in both countries. Modi also raised the issue of extraditing economic offenders wanted by India with Starmer, and announced that two new Indian …

UK's Starmer meets PM Narendra Modi, seeks India trade deal even Rishi Sunak couldn’t pull off
1 month ago

UK's Starmer meets PM Narendra Modi, seeks India trade deal even Rishi Sunak couldn’t pull off

Hindustan Times  

British Prime Minister Keir Starmer said on Monday that his government would restart the trade talks with India following a bilateral meeting with PM Narendra Modi at the G20 summit in Brazil. UK's Prime Minister Keir Starmer and India's Prime Minister Narendra Modi during a bilateral meeting on the sidelines of the G20 summit in Rio de Janeiro, Brazil Brazil, …

UK and India revive FTA talks after PMs Keir Starmer and Narendra Modi meet at G20 Summit in Rio, ‘step forward…’
1 month ago

UK and India revive FTA talks after PMs Keir Starmer and Narendra Modi meet at G20 Summit in Rio, ‘step forward…’

Live Mint  

UK Prime Minister Keir Starmer has announced that free trade agreement talks with India will restart from 2025, PTI reported. In an official statement from the UK PM's address 10, Downing Street, the country would seek a new strategic partnership with India, including a trade agreement and deep cooperation in areas such as security, education, technology and climate change, the …

UK to relaunch ‘vital’ trade talks with India in early 2025
1 month ago

UK to relaunch ‘vital’ trade talks with India in early 2025

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK is set to relaunch trade talks with India at …

India Clarifies FTA Progress, Talks With EU and UK on Track
1 month ago

India Clarifies FTA Progress, Talks With EU and UK on Track

Deccan Chronicle  

New Delhi: Negotiations for all the proposed free trade agreements or FTA, including those with the UK and European Union, are progressing as per the schedule. In the coming weeks, a bilateral meeting is scheduled between the commerce secretary and the Director-General of the European Union to take stock of the negotiations for the proposed trade agreement with the European …

India Seeks Tariff Flexibility in ASEAN FTA Review
1 month, 1 week ago

India Seeks Tariff Flexibility in ASEAN FTA Review

Deccan Chronicle  

New Delhi: India may seek flexibility in the existing tariff concessions in sectors, which are impacted by significant increase in imports, under the free trade agreement review with the 10-nation Association of Southeast Asian Nations, an official said. Eight sub-committees have been constituted under the India-Asean Free Trade Agreement Joint Committee for undertaking negotiations on different areas related to the …

India should reconsider its rejection of the RCEP trade bloc
1 month, 1 week ago

India should reconsider its rejection of the RCEP trade bloc

Live Mint  

Five years ago, on a November morning in Bangkok, just on the verge of signing the Regional Comprehensive Economic Partnership agreement, India abruptly walked out of it. India’s RCEP participation should be based on a broad set of metrics—not merely the trade deficit, but also investment inflows, employment creation and participation in new regional value chains. A 2022 assessment by …

Trump victory may pave way for talks on India-US free trade agreement
Trending News
1 month, 2 weeks ago

Trump victory may pave way for talks on India-US free trade agreement

New Indian Express  

NEW DELHI: Donald Trump's re-election as the 47th President of the US has raised expectations about the resumption of some partnerships which were paused during President Joe Biden's term. This includes the possibility of an India-US Free Trade Agreement. "President Trump's comeback to power could lead to India-US FTA negotiations which will provide both sides with greater market access," former …

India, Malaysia elevate bilateral ties to comprehensive strategic partnership
4 months ago

India, Malaysia elevate bilateral ties to comprehensive strategic partnership

India Today  

India and Malaysia on Tuesday decided to elevate their ties to the level of comprehensive strategic partnership following talks between Prime Minister Narendra Modi and his Malaysian counterpart Anwar Ibrahim. We have decided that the India-Malaysia partnership will be elevated to a Comprehensive Strategic Partnership, Modi said in his media statement, adding there is a lot of potential for cooperation …

India committed to Free Trade Agreement with the U.K., says Modi
4 months, 4 weeks ago

India committed to Free Trade Agreement with the U.K., says Modi

The Hindu  

India is committed to concluding a Free Trade Agreement with the United Kingdom, said Prime Minister Narendra Modi on Wednesday, after meeting the visiting Secretary of State for Foreign, Commonwealth and Development Affairs David Lammy — the highest ranking official from the United Kingdom to visit India since the Labour party won a landslide victory in the recent election. Mr. …

UK foreign secretary David Lammy to visit India, FTA to top agenda
5 months ago

UK foreign secretary David Lammy to visit India, FTA to top agenda

Hindustan Times  

As India and the UK prepare for a visit by British foreign secretary David Lammy to New Delhi this week, negotiations for a bilateral trade deal could be prolonged as Britain’s new Labour Party government is expected to reopen certain key issues, people familiar with the matter said. The negotiations for the FTA could be prolonged as the new UK …

India-UK ties: Dump the old baggage and focus on trade and multilateralism
5 months, 2 weeks ago

India-UK ties: Dump the old baggage and focus on trade and multilateralism

Live Mint  

Keir Starmer finally has the mandate and credentials to shake off the historical burden which has dogged ties between India and Britain’s Labour Party since the 1930s, a long arc that began with the jaundiced view taken of Mahatma Gandhi by Ramsay MacDonald, Labour’s first elected prime minister, and terminated in former Labour leader Jeremy Corbyn’s apparent positions on Indian …

India, U.K. to hold next round of talks on proposed trade agreement in July
5 months, 2 weeks ago

India, U.K. to hold next round of talks on proposed trade agreement in July

The Hindu  

With the new government taking charge in Britain, senior officials of India and the U.K. will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official said. The Indian industry is demanding greater access for its skilled professionals from sectors like IT and healthcare in …

India, UK to resume negotiations on free trade agreement in next few weeks: Official
5 months, 2 weeks ago

India, UK to resume negotiations on free trade agreement in next few weeks: Official

India TV News  

New Delhi: With the new government taking charge in Britain, senior officials of India and the UK will hold the next round of talks this month for the proposed free trade agreement to resolve the pending issues and close the negotiations, an official told news agency PTI. The Indian industry is demanding greater access for its skilled professionals from sectors …

UK Elections 2024: What is Labour Party's stance on free trade agreement with India?
5 months, 3 weeks ago

UK Elections 2024: What is Labour Party's stance on free trade agreement with India?

India TV News  

London: The United Kingdom has moved into its final phase of campaigning ahead of the national elections scheduled for Thursday in a high-stakes contest between the Conservative and the Labour Party, with the Rishi Sunak-led party predicted to be ousted from power after 14 years. India-UK FTA talks Prime Minister Narendra Modi and Sunak, along with the delegations from the …

India Looking To Sign FTA With Oman As PM Modi Begins Third Term In Office: Report
6 months, 1 week ago

India Looking To Sign FTA With Oman As PM Modi Begins Third Term In Office: Report

ABP News  

India is reportedly planning to sign a free trade agreement with Oman within the first 100 days of PM Narendra Modi’s third term in office. Media reports said that India and the Sultanate of Oman almost reached a conclusion on negotiations during the Indian PM’s second tenure, however, the deal couldn’t be inked owing to the model code of conduct …

'Will consider only if...': MEA rejects Maldives minister's 'India seeking FTA with Male' claim
6 months, 3 weeks ago

'Will consider only if...': MEA rejects Maldives minister's 'India seeking FTA with Male' claim

India TV News  

The Ministry of External Affairs on Thursday rejected media reports claiming India is seeking a Free Trade Agreement with Maldives. Earlier on Saturday, Maldives said India initiated efforts to create a Free Trade Agreement between the two countries and deliberations were ongoing for achieving it. “They want there to be a Free Trade Agreement with the Maldives, in addition to …

India, U.K. reaffirm FTA commitment at Strategic Dialogue
7 months ago

India, U.K. reaffirm FTA commitment at Strategic Dialogue

The Hindu  

India and Britain have reaffirmed their commitment to conclude a mutually beneficial free trade agreement at the annual U.K.-India Strategic Dialogue in London, as the two sides reflected the "good progress" on the 2030 Roadmap since the last review. “The two reflected on good progress on the 2030 Roadmap since the last review, noting key areas where the UK and …

India, UK note 'good progress' on 2030 Roadmap, reaffirm FTA commitment
7 months ago

India, UK note 'good progress' on 2030 Roadmap, reaffirm FTA commitment

India TV News  

London: Foreign Secretary Vinay Kwatra, who was on an official two-day to the United Kingdom, took part in the annual India-UK Strategic Dialogue with his counterpart, Sir Philip Barton, Permanent Under-Secretary at the Foreign, Commonwealth and Development Office, where they discussed the "good progress" made in the 2030 Roadmap between the two countries. “The two reflected on good progress on …

India raises issue of pharma pricing control in Australia
7 months, 2 weeks ago

India raises issue of pharma pricing control in Australia

Deccan Chronicle  

New Delhi: India has raised the issue of pharmaceutical pricing control in Australia, particularly on generic medicines, during a recent bilateral meeting between the officials of the two countries.The two sides have decided to work closely on timely resolution of market access issues, deepen people-to-people contacts, and create an institutional mechanism for sharing of preferential import data, the commerce ministry …

How will policy shifts impact India-US bilateral trade pact
7 months, 3 weeks ago

How will policy shifts impact India-US bilateral trade pact

Live Mint  

Despite shared commitments to bolster trade, the prospect of a comprehensive bilateral trade pact akin to a free trade agreement between the US and India appears dim, according to two people familiar with the matter. However, if the US exits the WTO it could expose Indian exports to higher tariffs, compelling both sides to engage in direct bilateral trade negotiations. …

Mobility issues, carbon tax exemption, and visas key issues in trade talks between India and the UK
8 months ago

Mobility issues, carbon tax exemption, and visas key issues in trade talks between India and the UK

Live Mint  

The UK is unlikely to accept an Indian request to be exempted from a proposed carbon tax, a British daily reported, even as a four-member team of senior commerce ministry officials from New Delhi continued talks in London to try and iron out unresolved issues holding back a free trade agreement. The team, which left for the UK on 16 …

Do India’s Free Trade Agreements with European nations benefit the country? | In Focus podcast
8 months, 3 weeks ago

Do India’s Free Trade Agreements with European nations benefit the country? | In Focus podcast

The Hindu  

On March 10th, India signed a free trade agreement with a group of four European nations, committing to reduce tariffs. The balance of trade heavily favours the EFTA, with India importing about $22 billion in 2023 from the bloc, while India exported only about $3 billion to the bloc. But such free trade deals have not largely helped India’s export …

Will EFTA show the way for other FTAs?
9 months ago

Will EFTA show the way for other FTAs?

Hindustan Times  

Earlier this month, India and the European Free Trade Association — comprising Switzerland, Norway, Iceland, and Liechtenstein — inked a new-generation trade agreement, the Trade and Economic Partnership Agreement. At first look, India’s agreement with the EFTA does not seem attractive given the low levels of trade and investment between the two. With India’s fast-growing export sectors, namely, electronic goods …

The View from India | Tricks of trade diplomacy
9 months ago

The View from India | Tricks of trade diplomacy

The Hindu  

When India signed the Trade and Economic Partnership Agreement with a bloc of four European countries — Iceland, Liechtenstein, Norway, and Switzerland — last week, the growing role of trade in diplomacy came under sharp focus. The pact comes on the heels of a host of bilateral agreements with the United Arab Emirates, spanning both trade and investment, following the …

Watch | Trade diplomacy | What’s the status of India’s Free Trade Agreements?
9 months, 1 week ago

Watch | Trade diplomacy | What’s the status of India’s Free Trade Agreements?

The Hindu  

March 15, 2024 08:53 pm | Updated 09:18 pm IST As India signs a Free Trade Agreement with 4 European Nations, is there hope for other negotiations- from the UK and EU to Oman, Gulf and Eurasian countries? Let’s start with this week’s developments, and a flurry of activities around India’s Free Trade Agreement negotiations just ahead of elections being …

High on intent and investment
9 months, 1 week ago

High on intent and investment

Hindustan Times  

India’s trade agreement with the European Free Trade Association — comprising Iceland, Liechtenstein, Norway and Switzerland — may not reflect the country’s true level of ambition on trade deals, but it has considerable signalling value. For starters, the trade deal ties non-sovereign fund investment of $100 billion by the EFTA nations to tariff concessions being granted to a chunk of …

India-Europe's 16-year journey to historic FTA: Key things to know about pact
9 months, 1 week ago

India-Europe's 16-year journey to historic FTA: Key things to know about pact

Hindustan Times  

India signed a free trade agreement with a group of four European nations - Switzerland, Norway, Iceland and Liechtenstein - on Sunday, which will see a major investment of around $100 billion for New Delhi over the next 15 years. India signed the FTA with Europe's four nation trade bloc on Sunday The free trade pact between the countries is …

India, EFTA's historic free trade agreement has a $100 billion investment plan
9 months, 1 week ago

India, EFTA's historic free trade agreement has a $100 billion investment plan

Hindustan Times  

India and the four-nation European bloc EFTA on Sunday signed a free trade agreement under which New Delhi has received an investment commitment of USD 100 billion over the next 15 years to facilitate the creation of one million jobs. India and EFTA inked a free trade agreement on Sunday, The European Free Trade Association members are Iceland, Liechtenstein, Norway, …

India signs free trade agreement with European Free Trade Association
9 months, 1 week ago

India signs free trade agreement with European Free Trade Association

Deccan Chronicle  

India and the four-nation European bloc EFTA on Sunday signed a free trade agreement to promote investments and boost two-way trade in goods and services.The European Free Trade Association members are Iceland, Liechtenstein, Norway, and Switzerland.The agreement has 14 chapters, including trade in goods, rules of origin, intellectual property rights, trade in services, investment promotion and cooperation, government procurement, technical …

India signs free trade pact with 4 European countries
9 months, 1 week ago

India signs free trade pact with 4 European countries

The Hindu  

India signed a free trade agreement with four European countries — Iceland, Liechtenstein, Norway, and Switzerland — on Sunday, with a goal of reaching $100 billion in investments in India and one million jobs. According to the TEPA’s Chapter 7 that deals with “Investment Promotion and Cooperation”, the two sides had shared “objectives” to increase foreign direct investment from EFTA …

India-EFTA trade deal to be signed on Sunday
9 months, 2 weeks ago

India-EFTA trade deal to be signed on Sunday

Live Mint  

The India-EFTA free trade agreement is scheduled to be signed on Sunday. However, trade experts don't see any major gain from the deal, considering that 98% of India's exports to Switzerland are industrial goods entering at zero tariffs. “India's agricultural exports are minimal and unlikely to increase significantly due to strict quality standards and non-tariff barriers,” said Ajay Srivastava, who …

FTA ‘possible’ before India elections, says U.K. Trade Minister Kemi Badenoch
9 months, 2 weeks ago

FTA ‘possible’ before India elections, says U.K. Trade Minister Kemi Badenoch

The Hindu  

A trade deal being negotiated with India is "possible" to be concluded before a general election in the country but Britain does not want to use that as a deadline, U.K. Secretary of State for Business and Trade Kemi Badenoch has said. The Minister in charge of signing off on the free trade agreement, now in its 14th round of …

Cabinet may consider EFTA, deal likely to be announced Sunday
9 months, 2 weeks ago

Cabinet may consider EFTA, deal likely to be announced Sunday

Live Mint  

New Delhi: The Union cabinet is expected to take up the draft agreement with the European Free Trade Association today, paving the way for a potential announcement on Sunday, two persons aware of the development said. This deal could be the first formally signed free trade agreement among India's ongoing trade negotiations. Mint reported that the four nations making up …

Ideas of India 3.0: India, UK Can Secure A Mutually Beneficial Trade Deal, Says British Politician Suella Braverman
9 months, 4 weeks ago

Ideas of India 3.0: India, UK Can Secure A Mutually Beneficial Trade Deal, Says British Politician Suella Braverman

ABP News  

British politician and member of the Parliament, Suella Braverman, said on Saturday that India and the UK have an opportunity to collaborate and work together on the world stage. That is why the post-Brexit UK heralds a great opportunity for a UK-India trade deal, the works for both our nations to double the trade to potentially 86 billion pounds, doubling …

India's Trade Deals With Oman, UK, EFTA Bloc Reflect Worldwide Economic Integration: GTRI
10 months ago

India's Trade Deals With Oman, UK, EFTA Bloc Reflect Worldwide Economic Integration: GTRI

ABP News  

The successful finalisation of India's proposed trade agreements with the UK, Oman, and the four-nation bloc EFTA in Europe will underscore its dedication to trade liberalisation and economic integration. The report further highlighted that the three agreements with the UK, Oman, and the European Free Trade Association indicate a transition in India's preference for trade alliances from east to west. …

Trade deal between India, European Free Trade Association likely within a few days, says Norwegian Minister
10 months ago

Trade deal between India, European Free Trade Association likely within a few days, says Norwegian Minister

The Hindu  

The Free Trade Agreement between India and the European Free Trade Association is in the final stages and is expected to be concluded within the next few days, Norway’s Deputy Foreign Minister Andreas Motzfeldt Kravik said on Thursday, February 22,2024. According to a leaked draft, within six months of the trade agreement being signed, signatories should include a “specific duration” …

Indian official delegation heads for London for FTA talks
10 months ago

Indian official delegation heads for London for FTA talks

Hindustan Times  

The chief negotiators of both the countries would hold negotiations on different issues such as goods, services, and rules of origin. The Indian industry is demanding greater access for its skilled professionals from sectors like IT and healthcare in the UK market, besides market access for several goods at nil customs duty. On the other hand, the UK is seeking …

India-UK free trade agreement talks in advanced stage: Commerce secretary
10 months, 1 week ago

India-UK free trade agreement talks in advanced stage: Commerce secretary

New Indian Express  

NEW DELHI: Negotiations between India and the United Kingdom for the proposed free trade agreement are at an advanced stage, Commerce Secretary Sunil Barthwal said Thursday adding that the deliberations are taking time as India wants to protect its interest. “India should commercially gain out of it and we should be able to safeguard the interest of our farmers, production …

Thailand, Sri Lanka sign free trade agreement
10 months, 2 weeks ago

Thailand, Sri Lanka sign free trade agreement

The Hindu  

Thailand and Sri Lanka signed a Free Trade Agreement on Saturday, a move Sri Lanka hopes will help it emerge from its worst financial crisis in decades. The Free Trade Agreement is aimed at enhancing market opportunities, with negotiations covering various aspects such as Trade in Goods, Investment, Customs Procedure and Intellectual Property Rights, the short statement added. A delegation …

India-UK FTA: British delegation to arrive Monday for concluding round of talks
11 months ago

India-UK FTA: British delegation to arrive Monday for concluding round of talks

Live Mint  

A delegation from the United Kingdom will arrive in India on 22 January to discuss remaining aspects of the free-trade agreement negotiations between the two countries, said two people aware of the matter. A majority of the issues in the proposed FTA between India and the UK are either finalised or at an advanced stage of talks, said one of …

Majority of India-U.K. FTA issues either closed or at advanced stage of talks: official
11 months, 1 week ago

Majority of India-U.K. FTA issues either closed or at advanced stage of talks: official

The Hindu  

Majority of the issues in the proposed free trade agreement between India and the U.K. are either finalised or at an advanced stage of talks, a government official said on January 15. On the progress on the proposed trade deal between India and the European Union, he said the seventh round of talks will be held from February 19-23 here. …

Trade push to top agenda of Katherine Tai’s 3-day visit
11 months, 2 weeks ago

Trade push to top agenda of Katherine Tai’s 3-day visit

Hindustan Times  

New Delhi: India and the US will discuss ways to boost bilateral trade during US Trade Representative Katherine Tai’s three-day India visit starting January 12, two officials said. Merchandise trade between the two countries fell by 9% to $79.28 billion in the first eight months The US is concerned about a widening of its trade deficit with India as the …

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