December 14, 2022 7:39 AM

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Union Minister Piyush Goyal meets UK Trade Secretary Kemi Badenoch, discusses India-UK FTA negotiations

<span style="color: #222222;">Commerce and Industry Minister Piyush Goyal and UK Secretary of State for International Trade, Kemi Badenoch met in New Delhi yesterday to discuss India-UK Free trade agreement (FTA) negotiations.<br />''<br />''During the meeting, both Ministers reaffirmed their commitment to the ongoing India-UK FTA negotiations which will unlock the full potential of boosting jobs, investments, and exports between the two countries.<br />''<br />''The 6th Round of India-UK FTA negotiations is presently underway in New Delhi.<br />''<br />''The Ministers urged the negotiating team to work together with an aim to iron out the differences in the spirit of mutual accommodation, for a balanced, mutually beneficial, fair, and equitable outcome.<br />''<br />''Mr. Goyal mentioned that India and UK investment and economic relations are already strong and have grown over the years. He said, India has adopted an export-led strategy to spin its growth story which is inclusive and sustainable.<br />''<br />''The Minister said, the Indian Government has also come out with many policies and reforms including the PLI scheme, National Infrastructure Pipeline, Development Finance Institution, and privatization of non-strategic sectors Public Sector Undertaking.<br />''<br />''Mr. Goyal urged the businesses in India and the UK to take advantage of these initiatives for the economic prosperity of both countries.</span><br />

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