India, UK to Resume FTA Discussions From February 24

India and the UK are expected to resume talks for the proposed free trade agreement from February 24, an official said.

- Press Trust of India

NEW DELHI:

The UK trade minister is likely to visit the national capital soon, the official said.

The talks for the proposed FTA began in January 2022. The 14th round of talks stalled as the two nations stepped into their general election cycles.

The agreement is aimed at boosting bilateral trade and investments.

In such pacts, two countries either eliminate or significantly reduce customs duties of maximum goods traded between them. They also ease norms for promoting trade in services and bilateral investments.