British Trade Minister Anne-Marie Trevelyan arrives in India to secure post-Brexit trade deals

On Wednesday, British Trade Minister Anne-Marie Trevelyan arrived in India in an effort to boost economic ties between the two countries.

The development marks Britain trying to sign trade deals after its departure from the European Union – the world’s biggest single bloc market.

Trevelyan is scheduled to meet officials in New Delhi before formally launching negotiations with her counterpart, Piyush Goyal, later tomorrow said her office.

Both countries already share strong trade tries. More than 1 million people of Indian origin live in Britain.

Britain is keen on securing concessions on manufacturing and financial services and is likely to push for reductions on tariffs on Scotch whisky, said a source familiar with the negotiations.

New Delhi is likely to seek greater opportunities for Indians to live and work in Britain, and any trade deal could be contingent on relaxing rules lowering fees for Indian students and professionals.

A trade deal with India is one of the major aims for British Prime Minister Boris Johnson’s government, as it seeks stronger economic ties with countries in the Indo-Pacific region.

Categories: Creativity, Economy & Finance, Entrepreneurship, Geopolitics, HR & Organization, Regulations & Legal, Strategy

Tags: , , , , , , , , , , , , , , , , , , , ,

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: