01-February-2023
Economy News
 
Early conclusion of India-UK free trade deal now "down to political will," British envoy Ellis
24-Jan-2023

Even as India and the United Kingdom recently wrapped up round six of negotiations for a bilateral free trade agreement (FTA), Britain's High Commissioner Alex Ellis highlighted that after covering a lot of ground now the question is down to not just the technical details but political will on both sides to push for an early conclusion of the deal. In the latest episode of 'Podcast with Smita Prakash', the British High Commissioner underlined the benefits of the India-UK free trade deal, which he says is underpinned by the mutual trust between the two countries. "We are getting towards the end of this negotiation I would say. It's a long ascent up to any mountain, then you go through the valley for a long time, then you go up to the base camp, and then you do a short sharp ascent. That's what we are trying to do. Both countries want to do the deal and that's a big change," he said. in response to a question on the FTA.

News Source:- https://economictimes.indiatimes.com/news/economy/foreign-trade/early-conclusion-of-india-uk-free-trade-deal-now-down-to-political-will-british-envoy-ellis/articleshow/97247863.cms