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India, UK expected to find FTA landing point, says Jaishankar.
Nov 15, 2023
External affairs minister S Jaishankar, currently on a trip to the UK, has said that India and the UK are focusing on a free trade agreement (FTA) and hoped the two sides will find a 'landing point' that works for both.
'We are focusing on what is officially called an enhanced trade partnership. In common sense, it's called FTA and that is today very much the focus of what the Indian and British systems are negotiating and where we hope that we will find a landing point which will work for both of us,' Jaishankar said at an event in London on Monday.
India and the UK have been negotiating an FTA since January last year to enhance bilateral trading ties.
The talks have undergone 13 rounds of negotiations, with officials hopeful of clinching a deal ahead of general elections in both countries scheduled for 2024. There are reports that a deal could be announced in December after the assembly polls.
Speaking to the Indian community at the Diwali reception in London on Monday, Jaishankar talked about his meetings with foreign secretary David Cameron, defence secretary Grant Shapps and home secretary James Cleverly.
He said Cameron met him on the first day of his job and that his 'commitment and support for the relationship' was extremely satisfying. 'We spent a lot of time talking about how to take it forward. I also, of course, met the home secretary, recently appointed foreign secretary and he has been a pillar of strength for the relationship in his previous job. In his current job, we continue to count on him. Again, taking this relationship to a higher level,' he added.
economictimes.indiatimes.com
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