London, United Kingdom – The sixth round of Free Trade Agreement (FTA) negotiations between the United Kingdom and India has concluded with the release of a Joint Outcome Statement. The talks, which took place virtually over the course of several days, were aimed at furthering the discussions towards a comprehensive trade agreement between the two countries.
The Joint Outcome Statement highlights the progress made during the sixth round of negotiations and sets the stage for the next round of talks. The statement emphasises the shared commitment of both countries to deepen their economic partnership and increase trade and investment flows.
The negotiators discussed a range of topics, including market access, intellectual property rights, and regulatory cooperation. They also held discussions on topics of mutual interest, such as digital trade and sustainable development.
The Joint Outcome Statement noted the progress made on several key issues, including the liberalisation of trade in goods and services, the protection of intellectual property rights, and the facilitation of investment. The statement also emphasised the importance of addressing the challenges posed by the COVID-19 pandemic and the need for a balanced and ambitious trade agreement that benefits both countries.
The conclusion of the sixth round of negotiations has been welcomed by business leaders and trade organisations in both the United Kingdom and India. A comprehensive trade agreement between the two countries would provide a much-needed boost to the economies and create new opportunities for businesses and consumers.
The next round of FTA negotiations between the United Kingdom and India is expected to take place in the coming months. Both sides remain committed to concluding a comprehensive trade agreement that benefits their economies and their citizens.