London Britain and India want to start negotiations on a comprehensive free trade agreement this year. The British trade minister Liz Truss said on Tuesday the broadcaster “Sky News”. Britain is aiming to lower or even eliminate Indian tariffs on imported cars and whiskey as part of such an agreement.
After leaving the EU, the United Kingdom will be able to negotiate its own trade relations. Last autumn, the first major post-Brexit trade agreement was signed with Japan. It should guarantee 99 percent of British exports to the third largest economy in the world free of duty.
As recently as Monday, the UK and India announced investments totaling £ 1 billion from the private sector.
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