Tag: FTA

The Unfinished Agenda: Significance and Challenges in Sealing the India-UK Free Trade Deal
Analysis, Asia, Europe, Featured, World

The Unfinished Agenda: Significance and Challenges in Sealing the India-UK Free Trade Deal

The India-UK Free Trade deal, valued at £24.3 billion annually, is a great opportunity to strengthen the existing strong relationship, benefiting businesses in both countries. India stands to gain access to UK technologies, advanced research facilities, London's financial institutions, and affluent consumers. The India-UK Free Trade Agreement marks a significant shift in India's trade strategy, prioritizing closer ties with Western and African nations to decrease dependency on China.For the UK, this agreement serves as a chance to recover from losses linked to Brexit and strengthen economic connections with a major partner. External Affairs Minister S Jaishankar recently wrapped up a five-day visit to the UK from November 11-15, It coincided with Diwali celebrations, adding a festi...
FTAs, free for all?
Analysis, Featured, World

FTAs, free for all?

Free trade agreements with Japan and South Korea have not worked in India’s favour. Will the deals with Australia and UAE deliver? After Canberra ratified the India-Australia Economic Cooperation and Trade Agreement (IndAus ECTA) on Tuesday there was a huge sense of achievement that overtook the establishment and media outlets. While the fine print was still hazy given that the second phase of the deal was yet to be concluded, duty cuts and liberalized visa regimes were touted as a big deal for the Indian side. There’s no denying that bilateral trade deals are here to stay given that multi-lateral negotiations at forums like World Trade Organization have come to a virtual standstill, and limited trade and investment blocks take a long time to get going. Taking bilateral tr...