Brief by Shorts91 Newsdesk / 07:06pm on 29 Jul 2024,Monday India Global
The U.K.’s new Labour government has resumed trade talks with India and other nations, including the Gulf Cooperation Council, Israel, South Korea, Switzerland, and Turkey. With 14 rounds of negotiations already conducted since 2022, the trade deal with India is highly anticipated. Business and Trade Secretary Jonathan Reynolds emphasized creating new opportunities for U.K. firms to support national job growth. Notably, the U.K. seeks greater access to Indian markets, while India aims for easier movement for skilled professionals. Tata Sons Chairman N. Chandrasekaran expressed support, highlighting Tata’s significant investments in the U.K.
