Africa Business News

UK And India To Relaunch Trade Talks In Delhi

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Synopsis

India and the UK will restart free trade talks nearly a year after negotiations were paused ahead of general elections in both countries. Jonathan Reynolds, the UK's business and trade secretary, is in Delhi, where he will meet his Indian counterpart Piyush Goyal to kick off the two-day discussions. Reynolds says it was a no-brainer to seek a trade deal with India, which was forecast to become the world's third-largest economy in a few years. The countries have held more than a dozen rounds of negotiations since 2022, but an agreement has remained out of reach. Sticking points include high tariffs in India on Scotch whiskey and demands to relax fees and visa rules for Indian students and professionals going to the UK. President Donald Trump's decision to impose reciprocal or tit-for-tat tariffs on imported goods from countries, including India. Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.