Positive about India-UK FTA talks: Indian High Commissioner
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London: Ahead of the 12th round of talks for the India-UK Free Trade Agreement (FTA), Indian High Commissioner to the UK Vikram Duraiswamy expressed hope that the two countries would be able to reach a “favorable position” for a mutually beneficial deal. The 12th round of FTA talks begin in New Delhi on Wednesday. High Commissioner Duraiswamy said that he is positive about this as both the countries understand the complexities of two very different structures of similar size economies and are ready to make necessary adjustments.
He expressed hope for a “clear convergence” in various fields regarding the comprehensive bilateral partnership. The High Commissioner said, “I am positive about it (FTA). My intention is that to the extent that we can, we would like to conclude a mutually beneficial free trade agreement. He said that I believe that both sides are ready for necessary adjustments. “The structure of our economies is different.
In such a situation, it becomes very important to make a ‘proper way’ together. Senior diplomats have been involved in the FTF talks since January last year. He said it was important that the British side recognized some of the complexities of the structure of the Indian economy.
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