FTA, India’s first bilateral trade deal with a Western nation, will see tariffs on whisky-gin from UK halved to 75 percent. Automobile tariffs will be cut to 10 percent with a quota.
EAM Jaishankar is on a tour of the UK and Ireland, where he will give momentum to a £41 billion trade partnership. Despite the progress, skepticism lingers in India-UK relations.
UK-India Partnership on AI, semiconductors & quantum computing also among 10 recommendations set out by the strategic advisory and policy advocacy organisation Thursday.
19 of 26 chapters in trade talks closed, but issues like informal labour, liquor tariffs & migration policies to be resolved. PM Modi & UK PM Rishi Sunak agreed to 'work at pace' towards FTA.
A consultant who is part of India-UK FTA talks says neither side has received any guidelines that trade talks have been halted on account of Khalistan issue.
India hopes to finalise trade agreement by March 2023 as earlier deadline passes. In an interview with ThePrint, UKIBC MD Kevin McCole says UK won't 'compromise quality for speed'.
In tactical terms, the shirtless protest was worse than a self-goal. Suddenly, the fiascos of the AI Summit were forgotten, and the Youth Congress’s disruption became the issue.
IAF is fine with accepting the aircraft with 'must-haves', even if some other steps remain pending, which may take at least another year, it is learnt.
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