India-UK deal: A truly historic convergence on trade

History has a strange way of playing out old patterns in new forms by taking into account exigencies of the time. India and the UK concluded talks on a free trade agreement (FTA) on 6 May.Ā  Historically, the relationship between both countries has been predicated on trade, with the passage of time determining the necessary…

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India-UK free trade agreement to take effect more than three months later, UK’s carbon tax deferred

ā€œThe agreement text will be publicly released only after this phase is completed,” one of the officials said. ā€œBoth sides will review each chapter, and the FTA will not take immediate effect due to procedural formalities.”Ā  Legal vetting or ā€˜scrubbing’ is the final review of a trade agreement’s text to ensure legal clarity, consistency, and…

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India, US eye trade deal to boost market access, cut barriers: Govt tells Lok Sabha

New Delhi: India and the US plan to negotiate a mutually beneficial multi-sector Bilateral Trade Agreement (BTA) aimed at increasing market access, reducing tariff and non-tariff barriers, and enhancing supply chain integration, minister of state for commerce Jitin Prasada told the Lok Sabha on Tuesday. The initiative is part of efforts to strengthen economic ties…

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