India, UK eye interim pact to help clinch major trade deal3 min read . Updated: 02 Jun 2021, 05:39 PM IST
- The initial deal would form part of the broader free trade agreement which would slash tariffs on a range of items, facilitate investments and give access to services and goods in a bid to increase bilateral trade.
- The UK and India want to double trade between their two countries by 2030, up from over $15.4 billion in 2019-20
India and the UK are intensifying talks to remove non-tariff barriers and foster greater market access as they work to stitch together the South Asian nation’s first major free trade pact in a decade.
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