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India-UK Trade Pact In Final Stages, Diwali Deadline Will Not Be Missed: Commerce Secretary

India-UK Trade Pact In Final Stages, Diwali Deadline Will Not Be Missed: Commerce Secretary

NDTV
Sunday, September 04, 2022 07:32:50 AM UTC

India and UK free trade agreement negotiations are at the last stage, commerce secretary B V R Subrahmanyam said on Saturday.

Negotiations for the proposed free trade agreement between India and the UK are at the last stage and the deadline of Diwali (in October) would not be missed, commerce secretary B V R Subrahmanyam said on Saturday.

In April, both sides had set the Diwali deadline for the conclusion of an India-UK Free Trade Agreement (FTA).

"We are on track (to meet the deadline). We are in the last stages. 19 out of 26 chapters are closed. There are a couple of areas where we are negotiating… Diwali deadline is not going to be missed," he told reporters here.

Talks are happening on certain goods like cars and spirits from the UK side and certain products from the Indian side.

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