The fourteenth round of free trade agreement (FTA) negotiations between India and the UK has concluded, with the next round expected to commence after the Indian general elections. The negotiations, which began in January 2022, aim to enhance bilateral trade, currently valued at around GBP 38.1 billion annually. Both sides remain committed to reaching an “ambitious” deal but acknowledge the need for further discussions to finalize terms across goods, services, and investment. The UK seeks reduced tariffs on exports to India, while India is concerned about the fairness of rules for Indian workers in the UK.
