UK-India trade talks to re-launch in the new year
Published On Nov 18, 2024, 5:30 PM
The UK and India are set to relaunch free trade talks in the new year, aiming to establish a comprehensive trade agreement that could significantly benefit both economies. Key UK exports to India include cars and Scotch whisky, with a total trading value previously reported at £42 billion. The UK government sees this as an opportunity to boost jobs and economic growth, particularly in light of India's expected rise as the world's third-largest economy by 2050. However, there are obstacles to overcome, such as visa regulations and education-related fees for Indian citizens in the UK.