Both sides have been working towards clinching a pact to enhance the £38.1 billion bilateral trading partnership but with India's phased general election followed by Britain's, the negotiations remain stalled in the fourteenth round of negotiations.
The FTA talks formally kicked off in January 2022 when Boris Johnson was the British prime minister and have since had to contend with political turmoil that first led to a short-lived Liz Truss premiership followed by Rishi Sunak as Britain's first Prime Minister of Indian heritage.
"We will finalise a free trade agreement with India, alongside a deeper strategic partnership on technology and defence," reads the Conservative Party manifesto, spelling out the British Indian leader's vision.
Denne historien er fra July 02, 2024-utgaven av Business Standard.
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Denne historien er fra July 02, 2024-utgaven av Business Standard.
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HOPES IN THE BALANCE
How much can the Budget do for the rural sector?
