After India and the UK launched formal negotiations for the free trade agreement on Thursday, Union Minister of Commerce and Trade Piyush Goyal said that the agreement will expand cooperation in tourism, technology, startups, education, climate change, etc.
“The terms of reference of the free trade agreement have been finalised and formally endorsed by both countries and therefore, we are launching formal negotiations for the free trade agreement,” said Goyal while addressing a press conference with UK Secretary of State for International Trade Anne-Marie Trevelyan.
Both countries “will be proactively and regularly engaging with each other deliberating on different aspects of our relationship and fast-tracking the interim agreement or an early-harvest agreement where we hope to capture the low hanging fruits, which will provide opportunities for businesses on both sides and UK and India and help us…