India UK FTA paves way for similar agreements with countries like USA, EU: Bank of Baroda

India UK FTA paves way for similar agreements with countries like USA, EU: Bank of Baroda

The recently concluded Free Trade Agreement (FTA) between India and the United Kingdom is expected to benefit both nations economically and could also pave the way for similar agreements with other countries such as the United States and the European Union, says a report by Bank of Baroda.The report noted that while the UK may … Read more

Gokaldas Exports, KPR Mill, other textile stocks rally up to 19% on optimism of zero-tariff access to UK market

Gokaldas Exports, KPR Mill, other textile stocks rally up to 19% on optimism of zero-tariff access to UK market

Shares of Indian textile exporters surged up to 19% on Wednesday after India and the United Kingdom concluded negotiations for a landmark free trade agreement (FTA) that eliminates import duties on textiles and garments. Gokaldas Exports led the rally, climbing as much as 18.8% to Rs 1,013 on the BSE. Shares of KPR Mill rose … Read more

UK’s ex-minister claims blocking India-UK free trade agreement over visa demands: Reports

UK’s ex-minister claims blocking India-UK free trade agreement over visa demands: Reports

Conservative MP and leadership candidate Kemi Badenoch | Photo Credit: Reuters Britain’s former business and trade secretary Kemi Badenoch, who is the frontrunner to succeed Rishi Sunak as Conservative Party chief and Opposition Leader, has claimed that she blocked the India-UK free trade agreement (FTA) over demands for more visas, according to UK media reports. … Read more

Ayurvedic products not part of India-U.K. FTA dialogue

Ayurvedic products not part of India-U.K. FTA dialogue

Sarpagandha (rauvolfia serpentine) medicinal plant. File. | Photo Credit: K. Ravikumar NEW DELHI The U.K.’s policy towards Ayurveda products is not part of negotiations on the India-UK Free Trade Agreement (FTA), The Hindu has learnt. The U.K. grants Traditional Herbal Registration for herbal or homeopathic medicines that are used to treat minor health conditions. But … Read more

Cricket diplomacy: UK PM Rishi Sunak may visit India for FTA talks, watch India-England match in Lucknow

Cricket diplomacy: UK PM Rishi Sunak may visit India for FTA talks, watch India-England match in Lucknow

There are new hopes for the India-UK free trade agreement as the two countries are considering a visit by UK Prime Minister Rishi Sunak later this month, a TOI report stated. Sunak was invited by Prime Minister Modi during their meeting on the sidelines of the G20 summit. They discussed the progress of the FTA … Read more

Very optimistic about FTA with India, says UK Investment Minister Lord Dominic Johnson

Very optimistic about FTA with India, says UK Investment Minister Lord Dominic Johnson

An India-UK free trade agreement (FTA) is really important for both nations and it is for businesses on both sides to help drive that agenda, UK Minister for Investment Lord Dominic Johnson said in London on Tuesday. Addressing a UK-India Infrastructure Summit hosted by the City of London Corporation as part of the India Global … Read more

Will have great FTA with India, negotiations going well: UK MP Baroness Verma

Will have great FTA with India, negotiations going well: UK MP Baroness Verma

United Kingdom House of Lords Member Baroness Verma on Saturday said the UK and India will have a great Free Trade Agreement (FTA) deal and that the negotiations between the two countries are going well. Baroness Verma told ANI, “I think first of all my expectations are we’re going to have a great FTA and … Read more