UK’s New Govt. To Restart Trade Talks with India

Britain’s new government said it was restarting talks aimed at securing free trade agreements (FTAs) with India and countries in the Gulf Cooperation Council.

Prime Minister, Keir Starmer, whose Labour Party returned to government after 14 years in opposition following a landslide victory at a July 4 election, has made economic growth the central mission of his government.

Trade talks were paused during the election.

EU And India To Restart Long-Suspended Trade Talks

“Restarting talks is the first step towards agreeing the high-quality trade deals the UK needs to give businesses access to international markets, boost jobs, and deliver that growth,” the government said in a statement.

The trade department said the first round of negotiations under the new government were expected to take place in the autumn and would include fresh talks with Israel, South Korea, Switzerland, and Turkey.

Britain already has FTAs with those four countries which were rolled over when it left the European Union in 2020, but had previously launched talks aimed at updating the agreements.


Discover more from LN247

Subscribe to get the latest posts sent to your email.

Advertisement

Most Popular This Week

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More from Author

Advertisement

Read Now

America President, Donald Trump’s Full Inaugural Speech

Thank you. Thank you very much everybody. Well, thank you very, very much. Vice President Vance, Speaker Johnson, Senator Thune, Chief Justice Roberts, justices of the United States Supreme Court, President Clinton, President Bush, President Obama, President Biden, Vice President Harris, and my fellow citizens.The Golden Age...

Investors Eye Trump Move on Russian Export Curbs

Oil prices fell on Monday as expectations of U.S. President-elect Donald Trump relaxing curbs on Russia's energy sector in exchange for a deal to end the Ukraine war offset concern of supply disruption from harsher sanctions. Brent crude futures dropped 16 cents, or 0.2%, to $80.63 a barrel...

World War III: Can the World Trust Trump’s Presidency to Guarantee Global Peace?

In a world that has witnessed a series of escalating conflicts, the threat of World War III looms in the minds of many. Among the most contentious geopolitical regions is the Middle East, which has long been the epicenter of both historical and contemporary strife. Donald Trump, the 45th...

Discover more from LN247

Subscribe now to keep reading and get access to the full archive.

Continue reading