Why has the UK relaunched talks on a free trade deal with India? 🤔

The UK has relaunched talks on a free trade deal with India, with Jonathan Reynolds in New Delhi to resume negotiations. The business and trade secretary begins refreshed discussions with his Indian counterpart commerce minister Piyush Goyal in the South Asian capital today (Monday, February 24), marking a new phase of negotiations between the world’s fifth and sixth largest economies. Since 2022, the UK has been through more than a dozen rounds of talks over a potential agreement with India, with key sticking points said to include visa rules for Indian students and professionals, as well as access for British service firms. The UK government says it is prioritising economic growth in the UK and bringing the Indian economy – set to be the world’s third-largest by 2028 – into reach for British business, with India already the UK’s second-biggest foreign direct investor by volume for five years. #uk #india #news #economy #politics #politicalnews #ukpolitics #uknews #ukeconomy #economics #trade #ukindia #modi #narendramodi #keirstarmer #starmer #business #businessnews