India-UK affirm shared commitment to a Free Trade Agreement

India and UK held the 14th Joint Economic and Trade Committee meeting on 24th July, 2020 virtually. It was co-chaired by Minister for Commerce and Industry Shri Piyush Goyal and UK Secretary of State for International Trade, HE, Ms Elizabeth Truss.

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Key-Points

The ministers have affirmed their shared commitment to a Free Trade Agreement and towards that, Early Harvest deals in a staged manner.

It was decided that a meeting led by Minister Goyal and SOS Truss will be held in Autumn 2020 in New Delhi to carry forward the dialogue.

The Co-chairs of Business led Joint Working Groups on Life Science and Health, ICT and Food and Drink set up during the last JETCO made their recommendations to the Ministers.

Both sides approached the talks with open minds and shared commitment to revival and revitalisation of the long standing trade and economic linkages between India and the UK.