21-November-2024
Economy News
 
UK-India Free Trade Agreement to relaunch in early 2025: What’s at stake?
20-Nov-2024

The UK-India Free Trade Agreement (FTA), a key trade deal that could significantly reshape bilateral economic relations, is set to relaunch in early 2025. This announcement comes after a high-level meeting between UK Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi on the sidelines of the G20 summit, signalling renewed commitment from both nations to enhance their economic and strategic partnership. The relaunch of the UK-India FTA negotiations represents an important move in strengthening the UK’s global trading position. The deal holds the promise of not only boosting trade but also fostering closer ties in areas such as security, technology, education, and climate change.

News Source:- https://www.financialexpress.com/business/industry-uk-india-free-trade-agreement-to-relaunch-in-early-2025-whats-at-stake-3669070/?ref=hometop_hp