Brief by Shorts91 Newsdesk / 11:33am on 11 Oct 2023,Wednesday Business
India and the UK are expected to sign their proposed free trade agreement by the end of October 2023, as per reports. This comes after UK PM Rishi Sunak reiterated commitment to boosting India-UK ties. Bilateral trade was worth an estimated £36 billion in 2022. A UK delegation is in India currently to resolve remaining issues and conclude talks soon. India and the UK aim to finish the proposed deal, under negotiation since last year, within the next few months. It would boost trade and investment between the two countries. Rules of origin norms and an investment treaty are also being discussed separately.
