💨 Abstract

India and the UK have resumed negotiations for a Free Trade Agreement (FTA), after a 2-year pause due to elections. The deal aims to boost trade, jobs, and growth in both countries. However, differences remain, particularly in areas like services, manufacturing, and legal mobility. The UK's plans to introduce a carbon border adjustment mechanism (CBAM) by 2027 and India's reluctance to compromise in the services sector pose challenges.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖