fta: India, UK prepare to revive FTA negotiations; no new deadline

India and UK is set to continue formal negotiations for a bilateral free trade agreement (FTA) with the agreement of the two prime ministers on Thursday on the need for an early conclusion, officials said.

Although no new deadline for concluding the negotiations was given after the Diwali target was missed, people with knowledge of the developments said. India’s interests in lieu of tax cuts on British alcohol and cars, and visa flexibility will be areas of focus.

So far, 16 chapters across 27 policy areas have been agreed upon in the negotiations, they said.

Political Changes in the UK and the UK Home Secretary Suella BravermanAn official said recent remarks about Indians being the largest group of overstayers in the UK were seen as a major obstacle to concluding an agreement. The person told ET: “The factual incorrect remarks of the foreign minister and no prime minister there bothered us and stalled progress, but now formal talks will be resumed. ,” the person told ET.


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