Home
|
Sitemap
|
FAQs
|
Contact Us
Product
Country
Menu
About Agri Exchange
Introduction
Apeda Agri Exchange
The Vision
Benefits / Facilities
To Exporters
To Buyers
Product Profile
Floriculture
Floriculture
Fruits & Vegetables Seeds
Fresh fruits & Vegetables
Fresh Onion
Other Fresh Vegetables
Walnuts
Fresh Mangoes
Fresh Grapes
Other Fresh Fruits
Others (Betel Leaves & Nuts)
Processed Fruits & Vegetables
Cucumber and Gherkins (Prepd. & Presvd.)
Processed Vegetables
Mango Pulp
Processed Fruits,Juices & Nuts
Pulses
Animal Products
Buffalo Meat
Sheep/ Goat Meat
Other Meat
Processed Meat
Animal Casing
Poultry Products
Dairy Products
Natural Honey
Caseins
Albumin (Eggs & Milk)
Other Processed Foods
Groundnuts
Guar Gum
Jaggery & confectionery
Cocoa Products
Cereal Preparation
Milled Products
Alcoholic Beverages
Miscellaneous Preperations
Cereals
Basmati Rice
Non Basmati Rice
Wheat
Maize
Other Cereals
Country Profile
United Arab Emirates
Saudi Arabia
Malaysia
Bangladesh
United States
Vietnam
Kuwait
Iran
United Kingdom
Indonesia
...View more country profiles
FTA's
Analytical Report on FTAs
Tariff Concession under FTAs
Statistics
International Trade
India's Export
India's Import
Production
International Production
India Production
Market Intelligence
e-Bulletin
Global Analytical Report
India's Export Analytical Report
Comparative Report On APEDA Products
Comparative Report On Principal Commodities
Import Tariffs
Import Regulations
SPS Notifications
DGFT : Public Notice, Notifications, Circular and Trade Notice
India Food Safety & Standards
Market Reports
Foreign Trade Policy 2023
Chapter 01 - Legal Framework and Trade Facilitation
Chapter 02 - General Provisions Regarding Imports and Exports
Chapter 03 - Developing Districts as Export Hubs
Chapter 04 - Duty Exemption Remission Schemes
Chapter 05 - Export Promotion Capital Goods (EPCG) Scheme
Chapter 06 - Export Oriented Units (EOUs), Electronics Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs)
Chapter 07 - Deemed Exports
Chapter 08 - Quality Complaints and Trade Disputes
Chapter 09 - Promoting Cross Border Trade in Digital Economy
Chapter 10 - Scomet: Special Chemicals, Organisms, Materials, Equipment and Technologies
Chapter 11 - Definitions
Newsletters
Latest News
Latest Newsletter
Archives
Directory
Exporters
Service Providers
Logistics
Trade Leads
Submit New lead
Buy Leads
Sell Leads
Indian Mission Login
Market News
Pursuing 'great' deal with India, says UK trade minister.
Mar 02, 2023
Britain is pursuing a 'great' trade deal with India to cut tariffs and open up opportunities for the country's services sector, UK Trade and Industry Secretary Kemi Badenoch has said. Highlighting her priorities since taking charge of the newly merged Department for Business and Trade, Badenoch said her ministry is keen to make it easier for British businesses to access the fast-growing Indian economy with the new trade agreement.
She also pointed to the ongoing negotiations for the UK's accession into the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) as reflective of a wider strategic shift towards the Indo-Pacific region.
'It's [CPTPP] not just about exporting goods or even services. The Trans-Pacific Partnership is also about the geostrategic shift to the Indo-Pacific as set out in the government's Integrated Review and this really matters for our long-term security,' Badenoch said in an address to the Legatum Institute think tank in London on Tuesday.
'It also matters for our long-term growth - this is where the global middle class of the future will come from and we need to be a player. That's also why we're pursuing a great trade deal with India. A deal to cut tariffs and open opportunities for UK services, making it easier for British businesses to sell to an economy set to be the world's third-largest by 2050,' she said.
The minister dubbed trade deals like 'motorways', which are useful if there are vehicles to drive on them - with vehicles representing exports and investments.
'That's what trade is really, and that's my main focus. So, we are not just the department for getting deals, taking pictures, and signing bits of paper. And that will become even more key as I flesh out our role as the Department for Business and International Trade,' added Badenoch.
India and the UK have concluded seven rounds of negotiations towards a free trade agreement (FTA), with the eighth round scheduled in New Delhi later this month.
UK Foreign Secretary James Cleverly, who is in India this week for the G20 Foreign Ministers' meeting, will also reaffirm the country's commitment to conclude the FTA.
According to official UK government statistics, the bilateral trading relationship was worth GBP 34 billion in 2022 - growing by GBP 10 billion in one year.
The Confederation of British Industry (CBI), the country's leading industry body, estimates an India-UK FTA could boost trade with India by GBP 28 billion a year by 2035 and increase wages across the UK by GBP 3 billion.
economictimes.indiatimes.com
Archive