Majority of issues in India-UK FTA towards resolution, says Commerce Ministry

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The majority of difficult matters in India-UK FTA negotiations are moving towards resolution and both sides are actively engaged for a fair and equitable deal, Commerce Ministry officials said on Friday. Also read: Editorial. India should strike a hard bargain with UK on FTA  India and the UK launched talks for an FTA in January … Read more

India, EFTA bloc likely to sign free trade pact on March 10

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India and the European Free Trade Association (EFTA) countries, which include Switzerland, Finland, Norway and Leichtenstein, are likely to sign a long-negotiated bilateral free trade agreement on March 10, aimed at increasing trade and investment flows, job creation and economic growth, according to multiple sources. Also read: India seeks greater market access, flexibilities in rules … Read more

UK says India needs to open its markets much more for a successful FTA 

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India must be prepared to open its markets for goods and services much more for a successful conclusion of the India-UK Free Trade Agreement (FTA), sources in the UK government have said.  Also read:UK FTA: Proceed with care “India’s tariffs on goods are very high. The UK believes that India has to do much more … Read more

FTA with Peru to help India expand foot-print in LatAm

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The sixth round of negotiations for the India-Peru Free Trade Agreement (FTA), will begin next week in Lima, with India expecting the comprehensive pact to help expand its foot-print in Latin America, but increased market access for gold is likely to emerge as a tricky area, as per research body, Global Trade and Research Initiative … Read more