Brief by Shorts91NewsDesk / 03:16am on 25 Feb 2025,Tuesday India Global
India has resumed trade negotiations with the UK and the EU, aiming to finalize free trade agreements (FTAs) amid escalating U.S. tariff threats. Commerce Minister Piyush Goyal and UK Business Secretary Jonathan Reynolds are leading discussions in New Delhi, focusing on sectors like advanced manufacturing, clean energy, and financial services. The UK seeks reduced tariffs and improved access for services, while India advocates for easier visa processing and exemptions from the UK's forthcoming carbon tax. These talks are crucial as India is projected to become the world's third-largest economy by 2028.
