UK’s proposal to complete the free trade pact with India, which is crucial for the former’s shift towards the growing markets in the Indo-Pacific, has no specific deadlines. UK’s Minister for International Trade, Nigel Huddleston, said 50% of the deal has been concluded, including negotiations in the service sector and investments, but the complete agreement […]
India-UK FTA: Half the chapters in pact agreed on; working to complete deal early, says UK International Trade Minister
“The developing economies’ impressive trade performance under this expanded measure of trade in services is largely due to four economies that rank as leading services exporters and importers- China; Hong Kong, China; Singapore; India,” they said in the report.
The announcement of India’s foreign trade policy 2023 earlier this year gave companies a road map for navigating the constantly shifting global trade market. The new strategy intends to boost manufacturing competitiveness, export growth, and ease of doing business. The policy’s emphasis on fostering sustainable and ecologically friendly trade practises is among its noteworthy aspects. […]
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