Amidst resumption of FTA talks, Britain said, work continues on ambitious agreement with India

Amidst resumption of FTA talks, Britain said, work continues on ambitious agreement with India

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London . The UK government on Tuesday said it will continue to work towards an ‘ambitious’ trade deal with India. A team of negotiators from India began talks with their British counterparts in London this week. The Department for Business and Trade (DBT) reiterated its stance to only sign FTAs ​​that are in the best interests of the British people and economy.

Last month, DBT officials had indicated that formal trade talks had been put on hold during India’s phased general elections. However, some talks were expected to continue until the election results were declared on June 4. On Tuesday, British officials said discussions resumed in London this week to “continue negotiations under the 14th round” of talks that began in January. “The UK and India are continuing to work towards an ambitious trade deal that works for both countries,” a DBT spokesperson said.

“While we do not comment on the details of negotiations, we are clear that we will only sign a deal that is fair, balanced and ultimately in the best interests of the British people and economy,” the spokesperson said.

Disclaimer: IndiaTheNews has not edited this news. This news has been published from PTI-language feed.



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