A trade deal with India remains a “priority” for the UK, Business and Trade Secretary Jonathan Reynolds said during the Labour Party-led government’s flagship International Investment Summit in London which coincided with the launch of a new Industrial Strategy green paper. “The Gulf and India are the priority. I think there are clear economic and commercial reasons why we should pursue those,” Reynolds said at the Guildhall on Monday.
“Trade and international investment lie at the heart of our plan to drive growth for the whole country. That’s because we know the UK has so much potential as one of the largest, most open economies, a legal system that sets global standards, a regulatory environment with some of the strongest safeguards for investment and the greatest incentives for innovation. We benefit from a skilled and diverse workforce, supported by an immigration system that draws talent from around the globe,” he said.
The UK is negotiating a Free Trade Agreement (FTA) and Bilateral Investment Treaty with India, which has completed several rounds of negotiations under the…
