A new hope for faster signing of INDIA EU FTA is foreseen after Indian-origin Rishi Sunak was appointed British prime minister.
Sunak had earlier told an Indian English-language daily that he was ‘strongly committed’ to the UK-India free trade agreement (FTA) to create jobs in both sides and for India to liberalise its consumer financial services industry.
India’s ministry of external affairs last week said New Delhi hopes its UK ties won’t get affected after the new leader takes over as PM.
The UK-India relationship was ‘a partnership of equals’ where the brightest talent from both countries travel back and forth to study and work, one which includes a close trading partnership on goods and services, and where the UK and India freely exchange world-class ideas and innovation, Sunak had said earlier this year.
