India, UK Launch 4th Round Of Free Trade Agreement Talks In Geneva
NDTV
India and the UK announced their intention to have a free trade agreement during a virtual summit held in May 2021 between Prime Minister Narendra Modi and UK PM Boris Johnson.
India and the UK on Friday launched the fourth round of talks on the Free Trade Agreement (FTA) on the sidelines of the World Trade Organisation (WTO) in Geneva.
The delegations of both sides met to hold a discussion on the proposed FTAs between the two countries.
A number of non-tariff barriers, like rules related to investor protection, intellectual property rights, and harmonisation of governance and standards, are among the key sticky points in the Free Trade Agreement (FTA) that India and the United Kingdom target to sign by Diwali this year.
Earlier, Richard Heald, Executive Chair, UK India Business Council (UKIBC), told ANI in an interview, "The UK businesses, as well as the Indian businesses, want the equal focus to be given to non-tariff barriers, particularly the technical barriers to trade and the investment."
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