Negotiations for a trade deal between the UK and India are progressing, with the possibility of reaching an agreement before the upcoming general elections in India. UK trade minister Kemi Badenoch emphasized the importance of ensuring a commercially meaningful pact rather than rushing into a deal for the sake of political timelines. The trade talks, now in their 14th round, are navigating challenges posed by India’s protectionist economy compared to the UK’s liberalized regime. Both sides are optimistic about the ongoing negotiations and hope to enhance their current bilateral trading partnership, valued at GBP 36 billion. Key sticking points include reducing tariffs on UK exports to India and addressing concerns over the treatment of Indian workers temporarily transferred to the UK. As both countries gear up for elections this year, finalizing a trade agreement has taken on heightened significance.
UK-India Trade Deal Possible Before Elections, Says UK Minister
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