UK-India Trade Talks Set to Re-Launch in 2024, Focus on Key Sectors

Brief by Shorts91 Newsdesk / 04:45pm on 19 Nov 2024,Tuesday India Global

UK-India free trade negotiations will restart in early 2024, Downing Street announced after Prime Minister Narendra Modi met Labour leader Sir Keir Starmer during the G20 Summit in Brazil. Talks aim to unlock markets for British cars, Scottish whisky, and financial services, while addressing challenges like visa rules and fees for Indian students and professionals. Trade between the nations was valued at £42 billion in the year to June 2024. Business Secretary Jonathan Reynolds called India a “vital trading partner,” with the deal expected to support economic growth and over 600,000 jobs across both countries.

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