19-January-2022
Economy News
 
Goyal-Trevelyan meet: India-UK FTA may cover 90% of goods
14-Jan-2022

India and the UK launched formal negotiations on Thursday for a “fair and balanced” free trade agreement (FTA), which could cover more than 90% of tariff lines, and aimed to double bilateral trade of both goods and services to about $100 billion by 2030. Both the sides could opt for an interim agreement first, which would be followed up with a broader FTA, commerce and industry minister Piyush Goyal indicated at a joint press briefing he held along with UK trade secretary Anne-Marie Trevelyan. This interim pact would mainly cover “low-hanging fruit”, Goyal said.

News Source:- https://www.financialexpress.com/economy/goyal-trevelyan-meet-india-uk-fta-may-cover-90-of-goods/2406215/