India UK concludes third round of FTA, appoints new task force

The joint commission formed on Monday, May 9 will facilitate the cross-industry relations for business benefits of both nations.

India UK concludes third round of FTA, appoints new task force
India’s chief negotiator, Nidhi Mani Tripathi with the British counterpart. [Source: Twitter]

Third round of India-UK Fair Trade Agreement (FTA) was concluded in New Delhi. The two nations appointed a joint commission on Monday, May 9, to increase cross-industry relations and facilitate FTA.

The Confederation of British Industry (CBI) and the Confederation of Indian Industry (CII) formed a new task force as part of a memorandum of understanding to provide a “critical forum” for business benefits in both countries.

India’s chief negotiator, Nidhi Mani Tripathi, tweeted on Sunday that, "Third round of India-UK FTA negotiations concluded in Delhi with two weeks of intense discussions, teams working extra hours to make good progress in policy areas resolving to continue positive conversations."