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UK and India Near Completion of Landmark Free Trade Agreement

After finalizing the mobility chapter, negotiators in London resolve nearly all issues, with an announcement expected soon.

Overview

  • The UK and India have concluded 25 of the 26 chapters in their free trade agreement, with only one minor issue remaining unresolved.
  • India has accepted limited visa concessions, with approximately 100 new work visas for Indian professionals annually, finalizing the mobility chapter.
  • Key sticking points include India's push for exemptions from UK national insurance contributions for short-term workers and concerns over a proposed carbon border tax.
  • Commerce Minister Piyush Goyal and UK Trade Secretary Jonathan Reynolds held productive talks in London, signaling imminent progress on the deal.
  • An official announcement is anticipated soon, with British business leaders invited to 10 Downing Street for updates on the negotiations.