India and the UK are all set to resume free trade talks on April 24. Government sources told TOI that both the sides are keen to resolve the contentious issues at the earliest with concerns around the pro-Khalistan supporters targeting the Indian High Commission in London being taken up in the political track.
India and the UK had started negotiations after Brexit as the government was keen to ensure that its professionals and business workers get access to the large English-speaking market along with lower-duty access for garments and leather goods, in return for reduced import duty on Scotch and automobiles.
“If the agreement happens, we could straightaway get a significant advantage and exports will rise by around USD 1 billion in two years,” a leading garment exporter told TOI.
The eighth round of India-UK trade talks were held during March 20-31.
India has recently concluded an FTA with Australia while resolving a majority of trade issues in mutual interest and respecting sensitivities of both sides.
