Skip to content
Search

Latest Stories

Submit Guest Post

India, UK agree to add momentum to FTA talks

India, UK agree to add momentum to FTA talks
Easterneye.Biz Staff
By Easterneye.Biz StaffJul 11, 2023
Easterneye.Biz Staff
See Full Bio

INDIA and the UK have agreed to add momentum to the ongoing free trade agreement (FTA) negotiations.

Indian commerce and industry minister Piyush Goyal tweeted on Tuesday (11) after meeting UK business and trade secretary Kemi Badenoch, saying they had agreed to keep up work towards a mutually beneficial deal.

India and the UK started round 11 of their FTA talks last week and it is expected to conclude on Friday (7).

“Held a meeting with the UK Secretary of State for Business and Trade Kemi Badenoch in London. Discussed how both sides can add further momentum to the India-UK Free Trade Agreement negotiations for a mutually beneficial deal,” Goyal said his tweet.

It came a day after a UK government source said the senior Indian ministerial visit to the UK in the midst of a negotiation round shows there is political will to make progress towards an ambitious trade deal.

“The potential is clear: a strong trade deal will strengthen the economic links between the UK and India, already worth £36 billion in 2022. But we will only sign when we have a deal that is in the best interests of the UK,” the source noted.

news sourcesbreaking news uknewspaper articlesnewspaper websiteengland newspaper
Add EasternEye As Your Trusted Source
preferred source on google news

Related News

Sanjay Bhandari's extradition appeal opens in London
Business

Sanjay Bhandari's extradition appeal opens in London

Rupert Murdoch looks on as he walks on the day of the hearing on the contentious matter of succession of Rupert Murdoch's global television and publishing empire, in Reno, Nevada, US, September 23, 2024. (Photo: Reuters)
Business

Murdoch's bid to secure eldest son's control of media empire fails

Kamlesh Pattni faces UK sanctions for illicit gold trade
Business

Kamlesh Pattni faces UK sanctions for illicit gold trade

Sanjay Malhotra speaks during the 67th Foundation Day of the Directorate of Revenue Intelligence (DRI) in New Delhi on December 4, 2024. (Photo: Getty Images)
Business

India appoints Sanjay Malhotra as new central bank governor

EasternEye

More For You

Warner Bros Paramount bid

The proposed merger could reshape the future of global media and entertainment

Getty Images

Paramount's £82.8bn Warner Bros takeover clears US hurdle amid growing scrutiny

  • The US Department of Justice has approved Paramount Skydance's £82.8bn ($111bn) takeover of Warner Bros Discovery.
  • The merger would unite major brands including CNN, HBO, CBS, Paramount Pictures and Nickelodeon.
  • State regulators, UK watchdogs and industry critics are still scrutinising the deal.

The proposed Paramount Skydance-Warner Bros Discovery merger has moved a step closer to reality after receiving approval from the US Department of Justice, clearing one of the biggest regulatory hurdles facing the £82.8bn ($111bn) deal.

The Paramount-Warner Bros merger, one of the largest media industry deals in recent years, would reshape the entertainment landscape by bringing together some of the world's best-known television networks, film studios and streaming businesses under a single corporate umbrella. However, despite the federal approval, the transaction remains under scrutiny in multiple jurisdictions and could still face legal challenges before it is completed.

Keep ReadingShow less