Free trade talks between the UK and India will be relaunched as the Business Secretary visits New Delhi on Monday after negotiations stalled last year.
Jonathan Reynolds will meet commerce minister Piyush Goyal for two days of negotiations aimed at clinching a long-sought deal which the Government hopes could unlock valuable markets for British business.
Since 2022, the UK has been through more than a dozen rounds of talks over a potential agreement with India, which is forecast to become the world’s largest economy.
Key sticking points were said to include visa rules for Indian students and professionals, as well as access for British service firms.
Announcing Monday’s talks, Mr Reynolds said securing a deal with India was a “no-brainer” and a “top priority” for the Labour Government.
“That is why I’m flying to New Delhi with our top negotiating team to show our commitment to getting these talks back on track,” the Business Secretary said.
“Only a pragmatic government can deliver the economic growth and stability that the British public and British businesses deserve, delivering on the plan for change.
“Growth will be the guiding principle in our trade negotiations with India and I’m excited about the opportunities on offer in this vibrant market.”
Mr Reynolds will also visit Delhi’s National Crafts Museum and BT India’s office in Gurugram – one of the largest UK employers in India.
Business minister Poppy Gustafsson will also speak with investors in Mumbai and Bengaluru to promote the UK as an attractive destination for investment.
Britain’s trade relationship with India is currently worth £41 billion, with investment supporting around 600,000 jobs across both countries.
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UK-India trade talks kick off in New Delhi today with Business and Trade Secretary Jonathan Reynolds meeting with Commerce Minister Piyush Goyal Deal aims
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Britain and India will relaunch tal
Unlock the Editor’s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Less than half of fines charged to