: India, UK looking at interim trade agreement: Shringla #IndiaNEWS #International London: India and the UK are looking at concluding an interim trade agreement amid negotiations towards a Free Trade
India, UK looking at interim trade agreement: Shringla #IndiaNEWS #International
London: India and the UK are looking at concluding an interim trade agreement amid negotiations towards a Free Trade Agreement (FTA), Foreign Secretary Harsh Vardhan Shringla said Thursday.
Addressing the India Global Forum (IGF) in London virtually from New Delhi, Shringla noted that British Foreign Secretary Liz Truss visit to India, expected over two days starting Friday, will add further momentum to the partnership as it coincides with the UKs Carrier Strike Group (CSG) arriving in Mumbai for joint exercises.
We are negotiating a Free Trade Agreement as things stand. We are also looking at an interim trade agreement,? said Shringla.
The visit of Foreign Secretary Liz Truss is planned to coincide with the UK Carrier Strike Group docking in Mumbai,? he said.
The Foreign Secretary noted that his counterpart, Sir Philip Barton, Permanent Under-Secretary in the UK Foreign, Commonwealth and Development Office (FCDO), is expected in India soon to take the trade talks forward.
We should be very optimistic. Things have really accelerated, and we should be very excited,? said Barton, who also addressed the forum virtually.
The real opportunity is with the UKs place in the world. We have left the European Union and are in charge of our international trade and commercial policy and changed the way we approach migration to this country,? he said.
With reference to the sectors of India-UK cooperation, Shringla highlighted the financial markets, people-to-people ties through the new Migration and Mobility Partnership, a first-ever consular dialogue expected soon.
Security and defence cooperation is high on the agenda, including maritime security, cyber security, health partnership, digital health, medical supply chains, alternative health and science and technology,? he noted.
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