Rishi Sunak
Prime Minister Rishi Sunak emphasized the importance of securing a trade agreement with India that benefits the entire United Kingdom during a meeting with his ministers on Tuesday. He discussed ongoing negotiations for a free trade deal and reaffirmed his commitment to an approach that works for all regions of the UK. Sunak’s remarks came ahead of his trip to the G20 summit in India later this week.
Also Read: Reigniting Name-Change Debate: ‘Prime Minister Of Bharat’ Stirs Controversy
India views a trade deal with Britain as crucial for expanding its export opportunities, while the UK, eager to explore new trade avenues after Brexit, anticipates broader access for its products such as whisky, premium cars, and legal services.
However, several key issues remain unresolved, including intellectual property rights, rules of origin, and an investment treaty. Campaigners have urged Britain to avoid demanding provisions that could negatively impact India’s generic drugs industry and lead to higher product costs.
Also Read: NASA Satellite Captures Image Of Chandrayaan-3 Lander On Moon
Last month, India’s Finance Minister, Nirmala Sitharaman, expressed optimism about concluding negotiations for a free trade agreement with the UK by the end of the year. “A free trade agreement with the UK is very close to realization,” she stated.
Two Indian nationals convicted in separate murder cases have been executed in the United Arab…
The incident occurred on Jaishankar’s second day in the UK. Pro-Khalistan protesters gathered across the…
In February, M&M recorded a 19% sales increase, significantly outperforming the industry’s 13.6% growth.
Lenovo plans to achieve 100% local PC production, including AI models, in three years, supporting…
PM Narendra Modi inaugurated the wildlife conservation, rescue, and rehabilitation project during his visit to…
India’s chemical industry revenue grew at a CAGR of 10.5% from FY18 to FY24, outpacing…