UK-India trade talks to re-launch in the new year

Free commercialized talks betwixt India and the UK volition beryllium relaunched successful the caller year, Downing Street has announced.

The quality comes aft Sir Keir Starmer met Indian premier curate Narendra Modi astatine the G20 acme successful Brazil.

A post-Brexit woody could unlock invaluable markets for British cars, Scottish whisky, and fiscal services worthy billions of pounds, with India connected people to go the 3rd largest system successful the satellite by 2050.

However, the UK has been locked successful much than a dozen rounds of negotiations since 2022, with cardinal sticking points astir relaxing visa rules and lowering fees for Indian students and professionals going to the UK.

UK exports to India are worthy £16.6 cardinal and the trading narration with India was worthy £42 cardinal successful the 12 months earlier June 2024.

Sir Keir has been gathering satellite leaders implicit the two-day acme of the 20 biggest planetary economies, and is expected to unveil caller commercialized and concern strategies successful the coming weeks.

He said the latest circular of talks with India volition absorption connected security, education, technology, and clime change.

"Boosting economical maturation is cardinal to improving surviving standards for moving people," helium said.

"A caller commercialized woody with India volition enactment jobs and prosperity successful the UK – and correspond a measurement guardant successful our ngo to present maturation and accidental crossed our country."

Business and commercialized caput Jonathan Reynolds described India arsenic a "vital trading partner" and said helium believed determination is "a bully woody to beryllium done here" for some sides.

"Whether it's lowering Indian tariffs to assistance British firms export to this dynamic marketplace oregon boosting concern which already supports implicit 600,000 jobs crossed some countries, striking a woody is important to present this Government's halfway ngo of driving economical growth," helium said.

The Labour authorities has been negotiating with Switzerland, South Korea and the Gulf Cooperation Council since their predetermination triumph successful July.

The UK volition besides articulation commercialized talks for the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) successful mid-December.