Majority of India-U.K. FTA issues either closed or at advanced stage of talks: official
The Hindu
Majority of the issues in the proposed free trade agreement between India and the U.K. are either finalised or at an advanced stage of talks
Majority of the issues in the proposed free trade agreement (FTA) between India and the U.K. are either finalised or at an advanced stage of talks, a government official said on January 15.
Additional Secretary in the Department of Commerce L. Satya Srinivas said that the 14th round of negotiations between the officials of the two countries is underway in New Delhi.
"The majority of the chapters are either closed or at an advanced stage of negotiation. Discussions are being held at the higher level as well as at the team level to iron out differences," he told reporters.
The talks for the pact began in January 2022. The current round of talks is expected to be the final one.
Talks are also progressing on the proposed Bilateral Investment Treaty (BIT).
There are 26 chapters in the agreement, which include goods, services, investments and intellectual property rights.
Issues from both goods and services are pending for conclusion.
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