Which country is set to relaunch Free Trade Agreement (FTA) negotiations with India in early 2025?

A)
United Kingdom
B)
Australia
C)
United States
D)
European Union

Correct Answer :   United Kingdom


* The United Kingdom is set to relaunch FTA negotiations with India in early 2025, as announced by UK Prime Minister Keir Starmer after meeting with Indian PM Modi.

* This move aims to strengthen bilateral ties and boost economic growth, with the bilateral trade between the two countries currently valued at GBP 42 billion annually.

* The negotiations, which began in January 2022, will pick up from the progress made in the 14th round of discussions.

* A successful trade deal is expected to benefit both economies, with India being the fifth-largest economy globally and a crucial trade partner for the UK.

Published On : November 24, 2024