Britain and India have concluded their first day of talks about a potential free trade deal in New Delhi. The aim is to have an agreement signed by the end of the year that could boost trade by billions of pounds.
Indian trade minister Piyush Goyal and his UK counterpart Anne-Marie Trevelyan said there could be a limited agreement in the next few months. The UK has made a post-Brexit deal with India one of its priorities as it looks to tap into fast-growing economies.
“This is an opportunity that we must seize to steer our partnership along the track of mutual prosperity for the decades to come,” Ms Trevelyan said.
Britain said the deal could almost double British exports to India, and boost total trade between the countries by £28bn per year by 2035. Total trade in 2019 was worth £23bn.
Source: bbc.com
