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Wednesday, September 27, 2023

Trade Deal: India, UK eye early sealing of trade deal

NEW DELHI: India and the UK on Thursday stated they’re transferring in the direction of “early conclusion” of a bilateral trade deal, which is able to embrace mobility of individuals for enterprise, however refused to set a deadline.
“Visas and visa liberalisation don’t come within free trade agreement.
It’s an immigration issue, which is dealt with by our home office and we have a points based system. What I look at is business, for which business mobility comes into the trade framework. And that’s something (on which) I can’t go into the details…Bilateral investment treaty…business mobility, these are things which we are discussing, we are actively discussing, to find an accommodation that works for both the countries so I am optimistic,” UK secretary of state for worldwide trade Kemi Badenoch stated.
“There is hardly an issue on which we are not negotiating and I assure you that it will be a strong and hard outcome that will come out of all these negotiations… I believe we have to talk with sincerity, with speed but ensuring balance… and we are both committed to come up with a winwin solution for both countries. I hope it can happen at an early date,” commerce and trade minister Piyush Goyal advised reporters.

Nilesh Desai
Nilesh Desaihttps://www.TheNileshDesai.com
The Hindu Patrika is founded in 2016 by Mr. Nilesh Desai. This website is providing news and information mainly related to Hinduism. We appreciate if you send News, information or suggestion.

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