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"Very Optimistic About Free Trade Deal With India": UK Minister

"Very Optimistic About Free Trade Deal With India": UK Minister

NDTV
Tuesday, June 27, 2023 04:14:00 PM UTC

Addressing a UK-India Infrastructure Summit hosted by the City of London Corporation as part of the India Global Forum UK-India Week, Lord Dominic Johnson said he is "very optimistic" about an FTA even as he declined to put a timeframe to it.

An India-UK free trade agreement (FTA) is really important for both nations and it is for businesses on both sides to help drive that agenda, UK Minister for Investment Lord Dominic Johnson said in London on Tuesday.

Addressing a UK-India Infrastructure Summit hosted by the City of London Corporation as part of the India Global Forum UK-India Week, Lord Dominic Johnson said he is "very optimistic" about an FTA even as he declined to put a timeframe to it.

India and the UK recently concluded their tenth round of FTA negotiations and an 11th round is set to begin in the next few weeks towards a comprehensive agreement expected to significantly enhance the bilateral trading relationship worth an estimated 34 billion pounds in 2022.

"I'm very optimistic about a free trade deal with India," said Lord Dominic Johnson.

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