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India Trade Negotiations: Update

Statement made on 12 May 2022

Statement UIN HCWS16

Statement

The third round of UK-India Free Trade Agreement negotiations began on 25 April and concluded on 6 May. The official-level negotiations were conducted in a hybrid fashion, with some UK negotiators meeting counterparts in New Delhi, supported by the majority attending virtually from the UK.

During this third round, talks focused on draft treaty text. Technical discussions were held across 23 policy areas over 60 separate sessions, with draft treaty text advanced across the majority of chapters.

The negotiations were productive and reflected our shared ambition to secure a comprehensive deal to boost trade between our nations, currently worth £24.3 billion in 2021.

The fourth round of official-level negotiations is due to take place in June 2022.

We remain clear that any deal the Government strikes must be in the best interests of the British people and the economy.

The Government will keep Parliament updated as these negotiations progress.

Linked statements

This statement has also been made in the House of Lords

Department for International Trade
India Trade Negotiations: Update
Lord Grimstone of Boscobel
Minister for Investment
Conservative, Life peer
Statement made 12 May 2022
HLWS16
Lords