Brief by Shorts91 Newsdesk / 01:17pm on 25 Mar 2024,Monday India Global
The outgoing British High Commissioner, Alex Ellis, remains optimistic about the India-UK Free Trade Agreement (FTA) but acknowledges ongoing negotiations, saying, "Negotiations Abhi Baki Hai Mere Dost." In an interview with The Indian Express, Ellis highlights the expressed desire for an FTA by both Prime Ministers, Modi and Sunak. He notes the complexities of aligning the economies of both nations, given their differences. Talks, currently paused due to India's ongoing elections, are anticipated to resume in June. Despite challenges, both countries aim for increased market access. Commerce Minister Goyal emphasizes the importance of seeking a balanced FTA for long-term economic benefits.
