{"value":{"id":1417980,"memberId":4531,"member":null,"memberRole":"Secretary of State for International Trade","uin":"HCWS570","dateMade":"2022-01-31T00:00:00","answeringBodyId":202,"answeringBodyName":"Department for International Trade","title":"Trade Update","text":"<p>Negotiating teams from the UK and India came together – virtually – between 17 and 28 January 2022 for a first round of talks on a UK-India Free Trade Agreement (FTA). This swiftly followed the launch of negotiations on 13 January when I visited India.</p><p>Both sides are committed to progressing negotiations at pace, without compromising on the quality of the deal. We aim to reach a balanced and mutually beneficial trade agreement, delivering benefits for all sectors and across all of the UK. Officials from a range of departments and ministries in the UK and India conducted over 90 hours of virtual discussions across a broad range of policy topics.</p><p>Technical experts from both sides came together for discussions in 32 separate sessions covering 26 policy areas including: Trade in Goods, Trade in Services including Financial Services & Telecommunications, Investment, Intellectual Property, Customs and Trade Facilitation, Sanitary and Phytosanitary Measures, Technical Barriers to Trade, Competition, Gender, Government Procurement, SMEs, Sustainability, Transparency, Trade and Development, Geographical Indicators and Digital.</p><p>The discussions were open, collaborative and productive, reflecting the shared ambition of the UK and India Governments to secure a broad deal to boost trade between the 5th and 6th largest economies in the world.</p><p>The second round of negotiations is scheduled to commence on 7 March 2022.</p><p>A deal with India would help to put Global Britain at the heart of the Indo-Pacific region, cement our position as a leader among a network of countries committed to free trade and support the levelling up agenda across the UK.</p><p>Any deal the Government strikes must be in the best interests of the British people and the economy.</p><p>The Government will keep Parliament updated as these negotiations progress.</p><p> </p><p> </p>","house":"Commons","noticeNumber":3,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":1417982,"linkType":"JointStatement","linkDate":"2022-01-31T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/1417980","method":"GET"}]}