UK international trade secretary Liz Truss has exported apples from England to India, for the first time in 50 years, as a sign of the UK-India Enhanced Trade Partnership in action.
Daily Current Affairs Quiz 2021
The UK wants a deal with India that slashes barriers to doing business and trading with India’s 2 trillion pounds economy and market of 1.4 billion consumers.
According to the DIT, the aim of an FTA with India is also to make it easier for British services firms to operate in the Indian market, boosting the UK’s status as an international services hub.
According to its latest statistics, trade between the UK and India stands at around 23 billion pounds in 2019, which both countries want to double under the Roadmap 2030 timeline.