UK and India launch trade talks 'worth billions'

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UK and India launch trade talks 'worth billions'
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Britain says a deal could be worth billions of pounds and almost double exports to India by 2035.

Indian trade minister Piyush Goyal and his British counterpart Anne-Marie Trevelyan have launched trade talks

Indian trade minister Piyush Goyal and his UK counterpart Anne-Marie Trevelyan said there could be a limited agreement in the next few months. Britain said the deal could almost double British exports to India, and boost total trade between the countries by £28bn per year by 2035. Total trade in 2019 was worth £23bn.But with no progress on a free trade deal with the US, and none expected in the foreseeable future, the formal start of talks with India, being announced in New Delhi on Thursday, is the biggest negotiation the UK government will launch this year.

But India, with so many vested and vulnerable interests to protect, has always been reluctant to liberalise.

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