Skip to content
Search

Latest Stories

Submit Guest Post

UK secretary concerned over ‘Indian food safety standards’ ahead of trade talks

UK secretary concerned over ‘Indian food safety standards’ ahead of trade talks

DIFFERENCES have cropped within the UK government ahead of free trade agreement (FTA) negotiations with India, according to a media report.

Britain’s environment secretary George Eustice raised concerns over food safety standards in India, City A.M. reported, citing Whitehall sources.


“George is certainly in favour of free trade, but he has expressed concerns about India’s food safety standards and how they would affect a trade deal,” a senior official of the department of international trade was quoted as saying.

Eustice had also expressed scepticism about the direction of trade talks with Australia before the UK opened up its market to agriculture products from that country.

The report also suggested that a quick positive outcome is unlikely from trade talks between India and the UK, which are planned for early next year.

While India is seeking a lower import duty for its food products, Britain wants the south Asian country to bring down barriers for its financial services.

Government officials and exporters in the UK also cite India’s 150 per cent tax on Scotch whisky imports as a pain point in the trade between the two countries.

In 2020, Indian exports to the UK stood at $7.7 billion (£5.7 bn), while Britain exported goods and services worth $3.9 bn (£2.9 bn) to the south Asian country during the same period, according to the United Nations database on international trade.

In May, the two countries clinched an enhanced trade partnership during a virtual summit between Indian prime minister Narendra Modi and his UK counterpart Boris Johnson, with a goal to double bilateral trade to £50 bn by 2030.

According to the British government, preparations for the launch of negotiations for the UK-India FTA “remain underway” since the conclusion of bilateral working groups in October.

Britain’s international trade secretary Anne Marie-Trevelyan and Indian commerce and industry minister Piyush Goyal also held talks during the recent G20 trade ministers’ meeting in Sorrento, Italy, to discuss “final preparations” for the launch of UK-India FTA negotiations.

Add EasternEye As Your Trusted Source
preferred source on google news

More For You

Volkswagen

Volkswagen is reportedly considering its biggest restructuring yet as it battles mounting global competition

Reuters

Volkswagen weighs biggest overhaul in its history with up to 100,000 job cuts

  • Volkswagen is reportedly considering cutting up to 100,000 jobs and closing four factories in Germany.
  • The proposed overhaul comes as the carmaker struggles with Chinese competition, US tariffs and slowing demand in Europe.
  • Labour unions and the German state of Lower Saxony have vowed to oppose the plans.

Volkswagen job cuts could reach 100,000, with the company also weighing the closure of four German factories in what could become the biggest restructuring in the history of the automotive industry.

According to people familiar with the matter, the proposals have already been shared with members of Volkswagen's supervisory board and are expected to be discussed at a meeting on July 9. If approved, the plans would significantly expand the company's existing restructuring programme and reshape one of Germany's largest employers.

Keep ReadingShow less