UK-India Trade Talks: Goyal Joins London Business Roundtable Discussion

30 Apr, 2025

UK and India continue to strengthen bilateral trade relations as Union Commerce Minister Piyush Goyal addressed a high-level business roundtable in London. The event brought together leading Indian and British business leaders, policymakers, and industry experts to explore ways to deepen economic cooperation and enhance trade flows between the two nations. The discussions were held against the backdrop of the ongoing negotiations for the India-UK Free Trade Agreement (FTA), which is in its final stages.

During the roundtable, Minister Goyal emphasized the potential of a strong UK-India trade relationship in shaping global economic dynamics. He highlighted the mutual benefits of increased market access, investment opportunities, and supply chain integration. The Minister also reiterated India's commitment to fostering an open, predictable, and transparent business environment that encourages international collaboration. He noted that the India-UK relationship is built on shared democratic values, robust people-to-people ties, and a common vision for sustainable growth.

Several industry participants acknowledged the critical role of the FTA in unlocking new trade and investment avenues, particularly in sectors such as technology, manufacturing, pharmaceuticals, and financial services. Both sides stressed the importance of aligning trade frameworks to meet the evolving demands of global markets and ensure long-term resilience. Business leaders called for more streamlined processes, regulatory alignment, and faster dispute resolution mechanisms to support smoother cross-border operations.

The roundtable also focused on the significance of innovation, digital transformation, and skill development in driving future growth. Goyal welcomed the contributions of the Indian diaspora and their role in deepening cultural and economic links between the two countries. The meeting concluded on a positive note, with renewed commitments to expedite the FTA process and unlock the full potential of this strategic trade partnership.

The event underscored how both nations view trade as a powerful tool for inclusive development and economic prosperity.

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