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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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India and UK Details Around a New Trade Deal

Earlier last week it was announced that after a five-day visit to Delhi, the UK has secured a long-awaited post-Brexit trade partnership with India. On 10 February, the Department for International Trade…

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Published February 15, 2021 · 3 min read
india and uk details around a

Earlier last week it was announced that after a five-day visit to Delhi, the UK has secured a long-awaited post-Brexit trade partnership with India.

On 10 February, the Department for International Trade (DIT) confirmed that Liz Truss, Cabinet Minister had agreed to terms of an Enhanced Trade Partnership (ETP) and laid the groundwork for a potential Free Trade Agreement (FTA). This trade partnership includes several investments by leading businesses, including Tata Consultancy Services, a multinational technology company, and global pharmaceutical and biotechnology company, Wockhardt. It seems that Piyush Goyal, Minister for Commerce and Industry, may have received his “early harvest” deal, with the renewed momentum of discussions suggesting that a potential future free trade agreement is achievable.

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