Business

Rishi Sunak Sets Conditions For Trade Deal With India

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.

Priyanka Rai

Recent Posts

US Election: Voting Begins With First Ballots Cast In New Hampshire

This election is one of the most divisive in US history. Harris and Trump have…

6 mins ago

Waqf Bill: Opposition MPs Meet LS Speaker, Lodge Protest Against JPC Chairman Jagdambika Pal

Opposition members alleged that Pal calls JPC meetings without consulting them and restricts their opportunity…

23 mins ago

Delhi HC Rejects Khalid Saifi’s Plea To End Attempted Murder Case In 2020 Riots

The Delhi Police opposed Saifi’s bail, citing evidence from WhatsApp messages exchanged among the accused.…

1 hour ago

Maha Kumbh 2025: Uttar Pradesh Enhances Security With Face Recognition Cameras

To protect millions of devotees at Maha Kumbh, the UP govt is implementing advanced security…

1 hour ago

SBI CME Soldierathon Set To Honour Indian Army’s Brave Soldiers On 244th Sappers Day At CME Pune

This landmark event, organized at the historic Military Institute, will honor the sacrifices of the…

2 hours ago

SC Seeks Responses In Mathura Krishna Janmabhoomi-Idgah Dispute, Grants Two Weeks To All Parties

The Supreme Court has also paused the Allahabad High Court’s order for a survey of…

2 hours ago