India-UK FTA within finger-touching distance, says NITI Aayog CEO ...Middle East

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India-UK FTA within finger-touching distance, says NITI Aayog CEO
source : Business Standard ( Middle East ) () 46
The Free Trade Agreement (FTA) being negotiated between India and the UK is in the final stages with both sides within finger-touching distance to clinch an agreement, NITI Aayog CEO B.V.R. Subrahmanyam said here on Wednesday. The FTA, negotiations for which were launched in January 2022 before being stalled due to general elections in both countries, is aimed at significantly enhancing the estimated GBP 38.1 billion a year bilateral trading partnership. During the signing ceremony for the new UK-India Infrastructure Financing Bridge (UKIIFB) agreement, both sides were keen to stress that the bilateral partnership is not being held hostage to the FTA even as the newly elected governments on

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