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India, UK Finance Ministers Agree To Make Progress On Free Trade Talks

India, UK Finance Ministers Agree To Make Progress On Free Trade Talks

NDTV
Saturday, February 25, 2023 06:41:56 PM UTC

India and the UK have agreed to swiftly organise the next bilateral Economic and Financial Dialogue, the British government said

India and the UK have agreed to make further progress on the ongoing negotiations for a free trade agreement (FTA) and also to swiftly organise the next bilateral Economic and Financial Dialogue soon, the British government said on Saturday.

At the conclusion of UK Chancellor Jeremy Hunt's India visit for the G20 Finance Ministers and Central Bank Governors meeting, held under India's 2023 Presidency, the UK's Treasury department said the finance minister held talks with Indian counterpart Nirmala Sitharaman with a focus on deepening bilateral economic and financial ties.

"At a meeting with Indian Finance Minister Nirmala Sitharaman, both sides agreed to make further progress on the UK-India Free Trade Agreement and deepen bilateral economic and financial ties," the Treasury department said in a statement.

"They agreed to make swift progress on setting up the next UK-India Economic and Financial Dialogue," it said.

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