It expects the UK to come forward for the next round of negotiations, after its Budget presentation later this month. "There is a Budget presentation in the UK on October 30... Negotiations should start in November," the official said on Wednesday.
Officials in the UK are also briefing their new ministers about the proposed FTA. A formal announcement of the restart of FTA talks is yet to be made.
India and the UK have been negotiating a trade agreement since January 2022. While both sides have made substantial progress under erstwhile British Prime Minister Rishi Sunak, FTA talks have been delayed due to elections in both the nations. The new Labour government in the UK has indicated that talks with India remain a priority.
Denne historien er fra October 17, 2024-utgaven av Business Standard.
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Denne historien er fra October 17, 2024-utgaven av Business Standard.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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