UK seeking ‘more favorable’ terms to sign trade pact with India ...News

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UK seeking ‘more favorable’ terms to sign trade pact with India
Each country has prioritized the free-trade-agreement talks ahead of impending polls, but the deal has run into stumbling blocks New Delhi should reduce tariffs on goods and open up its markets for a more favorable Free Trade Agreement (FTA) with London, the Hindu BusinessLine newspaper reported on Monday, quoting unnamed UK government officials. Negotiations between the two sides, which began in January of 2021, seem to have hit a roadblock, with Indian companies refusing to offer import-duty concessions without London offering easier temporary movement of Indian professionals to the UK for business purposes. The

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