Pointing out that services make up 71% of UK's GDP and 54% of India's, the statement released after India-UK dialogue said both countries recognise importance of services in their economies
'Reduction in tariff equally crucial while working towards any agreement'
Exports can enable sustainable economic growth
The earliest one may be inked with the UAE
India likely to kick start talks for FTAs with UK and EU by 2021-end, is also focusing on resuming trade talks with Canada, Australia
Implementation of the proposed free-trade agreement between India and the European Union (EU) will benefit both the sides: CII
Plans are expected to be further formalised during the visit of Prime Minister Boris Johnson to India in the coming months
UK PM Johnson recalled parliament from its Christmas break on Wednesday to get the Brexit free trade agreement (FTA) struck with the European Union cleared
India which has not signed any trade agreement since 2012
In this podcast, Business Standard's Subhomoy Bhattacharjee explains what is RCEP, how will it benefit member nations, why did India pull out of RCEP and more
Self-reliance cannot be a superior alternative to open trade
Examining instead Japan-India-Australia Supply Chain Resilience Initiative for free, transparent trade and investment
15 nations seek to announce the agreement by the end of this week's Asean Summit, which Vietnam is hosting virtually
Earlier this month, Union Commerce Minister Piyush Goyal had said that India has given a "very good and balanced offer" to the US for such a pact
India is in the process of finalising the proposed free trade agreement with Mauritius which is aimed at further strengthening economic ties
Proof of 35% value addition in goods from country of origin must from Monday
Finance ministry sources said misuse of the FTA route has been on the rise for the last few years to escape customs duty on imports
New Delhi continues to push an early-harvest deal, to be followed up with detailed negotiations on a comprehensive Free Trade Agreement
The ''rules of origin'' provision prescribes for the minimal processing that should happen in the FTA country so that the final manufactured product may be called originating goods in that country
He also said that if some countries continue exporting low-quality goods or dumping products or routing exports through India's free trade agreement (FTA) partners, India would take actions