United Kingdom's Trade Secretary Kemi Badenoch will be in Delhi from today as the 6th round of Free Trade Agreement (FTA) negotiations between the UK and India begin. Both sides are working on an ambitious trade pact that aims to ease customs duties on goods. Secretary Kemi is the second top minister to come to Delhi from the new Rishi Sunak government that took charge in October. UK foreign secretary James Cleverly was in India in October to attend the UN counter-terror committee meeting.

Ahead of her visit, Secretary Kemi said, "India and the UK are the fifth and sixth biggest economies in the world. We have a long shared history and are in pole position to do a deal that will create jobs, encourage growth, and boost our £29 billion trading relationship.” She will hold a meeting with India's trade minister Piyush Goyal, the first such in-person meet between the two sides and address negotiating teams of the two sides.

The Free trade talks between India and UK were launched in January with the conclusion expected by Diwali but due to a political crisis in Britain, the deadline was missed. London has high hopes for the pact in the backdrop of Brexit and aims to tap one the largest economies in the world through it. The sixth round of talks in Delhi is the first formal talk on the issue since July.

Expressing optimism ahead of the visit, the UK secretary said, "both nations have come to the table with the very highest of ambitions and a willingness to work together towards a mutually beneficial deal. I’m excited about the opportunities we can create for British business." Merchandise trade between the two countries was US$15.45 billion in 2019-20 with the trade balance in favour of India.&nbsp;

India invested in 120 projects and created 5,429 new jobs in the UK to become the second-largest source of foreign direct investment (FDI) after the US in 2019 according to the Department for International Trade (DIT).

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United Kingdom's Trade Secretary Kemi Badenoch will be in Delhi from today as the 6th round of Free Trade Agreement (FTA) negotiations between the UK and India begin.

United Kingdom's Trade Secretary Kemi Badenoch will be in Delhi from today as the 6th round of Free Trade Agreement (FTA) negotiations between the UK and India begin. Both sides are working on an ambitious trade pact that aims to ease customs duties on goods. Secretary Kemi is the second top minister to come to Delhi from the new Rishi Sunak government that took charge in October. UK foreign secretary James Cleverly was in India in October to attend the UN counter-terror committee meeting. Ahead of her visit, Secretary Kemi said, "India and the UK are the fifth and sixth biggest economies in the world. We have a long shared history and are in pole position to do a deal that will create jobs, encourage growth, and boost our £29 billion trading relationship.” She will hold a meeting with India's trade minister Piyush Goyal, the first such in-person meet between the two sides and address negotiating teams of the two sides. The Free trade talks between India and UK were launched in January with the conclusion expected by Diwali but due to a political crisis in Britain, the deadline was missed. London has high hopes for the pact in the backdrop of Brexit and aims to tap one the largest economies in the world through it. The sixth round of talks in Delhi is the first formal talk on the issue since July. Expressing optimism ahead of the visit, the UK secretary said, "both nations have come to the table with the very highest of ambitions and a willingness to work together towards a mutually beneficial deal. I’m excited about the opportunities we can create for British business." Merchandise trade between the two countries was US$15.45 billion in 2019-20 with the trade balance in favour of India. India invested in 120 projects and created 5,429 new jobs in the UK to become the second-largest source of foreign direct investment (FDI) after the US in 2019 according to the Department for International Trade (DIT). WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here.

UK trade Secretary Kemi in Delhi from today for FTA talks

The United Kingdom Home Secretary, Suella Braverman expressed concerns over the free trade agreement (FTA) between India and Britain which she believes would go against Brexit objectives and encourage immigration to the country.&nbsp;

These remarks were made during an interview, on Thursday, with The Spectator magazine, where she also dubbed Indians as the “largest group of people who overstay” their visas in the UK. According to reports, she said that she will not back the trade deal which gives New Delhi greater visa concessions.&nbsp;

This comes amid the UK Prime Minister Liz Truss urging the British lawmaker and negotiators to adhere to the Diwali deadline for finalising the FTA. “I have concerns about having an open borders migration policy with India because I don't think that's what people voted for with Brexit,” said Braverman.&nbsp;

When asked about students and entrepreneurs she said there may be some flexibility, “But I do have some reservations. Look at migration in this country – the largest group of people who overstay are Indian migrants,” she told the British weekly magazine.&nbsp;

ALSO READ:&nbsp;<a href="https://www.wionews.com/world/suella-braverman-blames-uncontrolled-migration-and-failure-to-integrate-for-leicester-violence-522990">Suella Braverman blames 'uncontrolled migration' and 'failure to integrate' for Leicester violence</a>

Braverman also referred to the Migration and Mobility Partnership (MMP) which was signed between her predecessor Priti Patel former Home Secretary and the External Affairs Minister Dr S Jaishankar in May last year and said, “We even reached an agreement with the Indian government last year to encourage and facilitate better cooperation in this regard. It has not necessarily worked very well.”

The MMP was a “landmark agreement” signed between the UK and the government of India which “will provide new opportunities to thousands of young people in the UK and India seeking to live, work and experience each other's cultures,” said the former Home Secretary at the time. She also indicated that it will become easier for the British government to remove those “with no right to be in the UK” and “crack down on those abusing our system.”&nbsp;

Braverman also reiterated how she had campaigned to leave the European Union (EU) partly because she wanted migration to reduce. She added, “That was in our 2019 manifesto. If you look at net migration figures, they have not fallen…we’re pretty much at the same level as pre-Brexit.”&nbsp; 
 
ALSO WATCH:&nbsp;<a href="https://www.wionews.com/videos/uk-home-secretary-suella-braverman-objects-to-increasing-visas-for-indians-523040">UK Home Secretary Suella Braverman objects to increasing visas for Indians</a>

In 2020, at least 20,706 Indians overstayed their visas, according to data from the UK home office which is a higher number of people, than any other country. Reportedly the Diwali deadline was set by former PM Boris Johnson and Indian Prime Minister Narendra Modi when Truss was secretary of state for international trade.&nbsp;

However, India’s Union Minister of Commerce and Industry, indicated back in September, that the Truss administration also wants to stick to the Diwali deadline. The two countries finished the 5th round of negotiations back in August.&nbsp;

(With inputs from agencies)&nbsp; 
 
&nbsp;

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The United Kingdom Home Secretary, Suella Braverman expressed concerns over the free trade agreement (FTA) between India and Britain which she believes would go against Brexit objectives and encourage immigration to the country.

The United Kingdom Home Secretary, Suella Braverman expressed concerns over the free trade agreement (FTA) between India and Britain which she believes would go against Brexit objectives and encourage immigration to the country. These remarks were made during an interview, on Thursday, with The Spectator magazine, where she also dubbed Indians as the “largest group of people who overstay” their visas in the UK. According to reports, she said that she will not back the trade deal which gives New Delhi greater visa concessions. This comes amid the UK Prime Minister Liz Truss urging the British lawmaker and negotiators to adhere to the Diwali deadline for finalising the FTA. “I have concerns about having an open borders migration policy with India because I don't think that's what people voted for with Brexit,” said Braverman. When asked about students and entrepreneurs she said there may be some flexibility, “But I do have some reservations. Look at migration in this country – the largest group of people who overstay are Indian migrants,” she told the British weekly magazine. ALSO READ: Suella Braverman blames 'uncontrolled migration' and 'failure to integrate' for Leicester violence Braverman also referred to the Migration and Mobility Partnership (MMP) which was signed between her predecessor Priti Patel former Home Secretary and the External Affairs Minister Dr S Jaishankar in May last year and said, “We even reached an agreement with the Indian government last year to encourage and facilitate better cooperation in this regard. It has not necessarily worked very well.” The MMP was a “landmark agreement” signed between the UK and the government of India which “will provide new opportunities to thousands of young people in the UK and India seeking to live, work and experience each other's cultures,” said the former Home Secretary at the time. She also indicated that it will become easier for the British government to remove those “with no right to be in the UK” and “crack down on those abusing our system.” Braverman also reiterated how she had campaigned to leave the European Union (EU) partly because she wanted migration to reduce. She added, “That was in our 2019 manifesto. If you look at net migration figures, they have not fallen…we’re pretty much at the same level as pre-Brexit.” ALSO WATCH: UK Home Secretary Suella Braverman objects to increasing visas for Indians In 2020, at least 20,706 Indians overstayed their visas, according to data from the UK home office which is a higher number of people, than any other country. Reportedly the Diwali deadline was set by former PM Boris Johnson and Indian Prime Minister Narendra Modi when Truss was secretary of state for international trade. However, India’s Union Minister of Commerce and Industry, indicated back in September, that the Truss administration also wants to stick to the Diwali deadline. The two countries finished the 5th round of negotiations back in August. (With inputs from agencies) WATCH WION LIVE HERE

UK home secretary expresses ‘reservations’ about trade deal with India

UK is reportedly planning to ease immigration rules for Indian citizens by planning to offer cheaper visas as part of the upcoming trade talks that is set to take place in New Delhi, according to a media report.

UK International Trade Secretary Anne-Marie Trevelyan will be travelling to Delhi this month for formal negotiations on the proposed India-UK free trade agreement (FTA).

According to the Times newspaper, Trevelyan will be using the visit to open the prospect of relaxing immigration rules for Indian citizens — a key demand from Delhi.

Trevelyan is said to have the backing of foreign secretary Liz Truss who is keen to secure closer ties with India to curb China’s growing influence in the region. However, home secretary Priti Patel has been opposing the offer, according to the report.

According to the news outlet, among the visa relaxation&nbsp;options that are being considered&nbsp;include a scheme similar to the one agreed with Australia which would allow young Indians the right to live and work in the UK for up to three years.

Another would be to cut visa fees for students and allow them to stay in Britain for a period of time after they graduate.

Presently, an Indian citizen coughs up to 1,400 pounds for a work visa, whereas students pay 348 pounds and tourists 95 pounds respectively— a significantly higher amount to what the Chinese citizens pay.

It is being reported that there is a unanimous agreement between the ministers for a “generous” offer on visas for such a deal.

&nbsp;“The tech and digital space in India is still hugely protectionist and if we could open up even a slither of access it would put us ahead of the game,” a government official told the Times.

A spokesperson from the Department for International Trade said, “India is projected to become the world’s third-largest economy by 2050 and a free trade agreement will open up huge opportunities for UK businesses to trade with India’s £2.25tn economy.”

(With inputs from agencies)

UK is reportedly planning to ease immigration rules for Indian citizens by planning to offer cheaper visas as part of the upcoming trade talks that is set to take place in New Delhi, according to a media report.

UK is reportedly planning to ease immigration rules for Indian citizens by planning to offer cheaper visas as part of the upcoming trade talks that is set to take place in New Delhi, according to a media report. UK International Trade Secretary Anne-Marie Trevelyan will be travelling to Delhi this month for formal negotiations on the proposed India-UK free trade agreement (FTA). According to the Times newspaper, Trevelyan will be using the visit to open the prospect of relaxing immigration rules for Indian citizens — a key demand from Delhi. Trevelyan is said to have the backing of foreign secretary Liz Truss who is keen to secure closer ties with India to curb China’s growing influence in the region. However, home secretary Priti Patel has been opposing the offer, according to the report. According to the news outlet, among the visa relaxation options that are being considered include a scheme similar to the one agreed with Australia which would allow young Indians the right to live and work in the UK for up to three years. Another would be to cut visa fees for students and allow them to stay in Britain for a period of time after they graduate. Presently, an Indian citizen coughs up to 1,400 pounds for a work visa, whereas students pay 348 pounds and tourists 95 pounds respectively— a significantly higher amount to what the Chinese citizens pay. It is being reported that there is a unanimous agreement between the ministers for a “generous” offer on visas for such a deal. “The tech and digital space in India is still hugely protectionist and if we could open up even a slither of access it would put us ahead of the game,” a government official told the Times. A spokesperson from the Department for International Trade said, “India is projected to become the world’s third-largest economy by 2050 and a free trade agreement will open up huge opportunities for UK businesses to trade with India’s £2.25tn economy.” (With inputs from agencies)

UK planning to ease visa rules for Indian citizens to clinch trade deal: Report

The UK India Business Council (UKIBC) chair Richard Heald says that India offers a more "favourable opportunity and operating environment" for businesses, as compared to China. This is because of "ease of doing business, because of transparency,(and) rule of law that exists". India has taken a number of reforms in the last few years and climbed up the ease of doing business ladder of the world bank.

Speaking to our diplomatic correspondent Sidhant Sibal, Heald also spoke about the India-UK Free Trade Agreement (FTA) talks.&nbsp;He said that the talks will focus on, "what India wants and what UK can provide in terms of satisfying India's ambition. Like areas of Eletronic vehicles, batteries, the technology is being developed in UK but is being deployed and refined in India."&nbsp;

Also read |&nbsp;<a href="https://www.wionews.com/india-news/pm-modi-pays-tribute-to-jawaharlal-nehru-on-his-132nd-birth-anniversary-429312" hreflang="en">PM Modi pays tribute to Jawaharlal Nehru on his 132nd birth anniversary</a>

Talks on the India-UK FTA is set to begin in December with the visit of the UK commerce secretary to India.

UK is the 6th largest inward investor in India, after Mauritius, Singapore, Netherlands, Japan, and the USA with a cumulative equity investment of US $28.39 billion. Meanwhile, India has invested in 120 projects and created 5,429 new jobs in the UK to become the second-largest source of foreign direct investment (FDI) after the US in 2019 according to the Department for International Trade (DIT) inward investment statistics for 2019-2020.

WION: How do you see India-UK business and investment engagement?

Richard Heald: The business relationship is in a very good place, at this present moment in time. That might be a surprising statement, given what India and UK have gone through (during) Covid.&nbsp;

The way businesses in both countries have collaborated in order to alleviate a lot of negativity and suffering that has occurred during the past months has been remarkable.

For example, the collaboration between AstraZeneca and Serum Institute is a real exemplar of how the collaboration can occur, the benefits to the economy. I really do think that we (have) established very good business-to-business (B2B) ties, going forward.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/ahead-of-putin-visit-russia-begins-delivery-of-s400-air-defence-system-to-india-429195" hreflang="en">Ahead of Putin visit, Russia begins delivery of S400 air defence system to India</a>

WION: India-UK FTA talks are expected to start in December. What is UKIBC's expectation?

Richard Heald: I think it is a very exciting time. It is being built up over government-to-government (G2G) collaboration between your minister and his UK counterpart and what we are seeing is many months of dialogue which has been going on over a number of years. Business is extremely excited over the opportunities available here.&nbsp;

In the UK we have gone through a statutory consultation period. We have submitted that to our govt and we know that FICCI and CII have done the same. That is being fed into both governments' positions in relation to FTA.&nbsp;

I would add, there is going to be an announcement about the commencement of discussion around the FTA. There has already been considerable dialogue between the two governments going forward. A lot of groundwork has been put in place. I have been involved in dialogue on both the Indian and UK sides.&nbsp;

I have been struck by how similar have been the requests of businesses to each government. We are looking forward to levelling the playing field in terms of standards, in terms of operating practices, in terms of tariffs that align with world standards.&nbsp;

(This) allows us to develop those areas which both PMs have indicated are important for our two nations. Within a general context, those are the real thing that we are looking forward to.

WION: How do you see India as an investment destination?

Richard Heald: In terms of FTA, we focus on tariff barriers, in terms of trade and investment and we focus on operating ease of doing business.&nbsp;

What we have heard from UK businesses is that they are asking the UK Government to have an equal emphasis and equal focus on helping India improve its ease of doing business ranking.&nbsp;

To a large extent that is an indication of the amount of investment UK businesses are doing or have done in the past few years and decades. We employ 700,000 people in India and 5 per cent of the organised sector. So ease of doing business is equally important. GST is equally important, the digitisation of licenses is also important, more things can be done. Progress has been significant.

Also read |&nbsp;<a href="https://www.wionews.com/india-news/after-rbis-warning-against-cryptocurrency-pm-modi-chairs-crucial-meeting-429192" hreflang="en">After RBI's warning against cryptocurrency, PM Modi chairs crucial meeting</a>

WION: The rationale of having India-UK FTA...How does it help India in having FTA with the UK?

Richard Heald: If we look at the relationship between UK and India historically it has always been knowing each other's wishes, each other's requirements and being able to transact business on a relatively free basis between each other.&nbsp;

Indian diaspora is fundamental to the understanding between our two countries. UK has been historically very much present in India and therefore what we are looking forward to in terms of FTA if you like to consolidate that--to focus on what India wants and what the UK can provide in terms of satisfying India's ambition.&nbsp;

Like areas of Electronic vehicles, batteries; the technology is being developed in the UK but is being deployed and refined in India. It is that sort of colouration we are looking at FTA to catalyze and accelerate.

WION: Any timeline for the FTA? We saw India-EU taking their time.

Richard Heald: One observation, that when you are dealing with an entity made up of multiple nations, and you have to square off the different interests, that certainly becomes problematic.&nbsp;

Here we are dealing on a bilateral basis between two nations (that have) known each other for a long time and have a good relationship. I am optimistic, we will not be in the same situation.&nbsp;

That being said, there are complicated issues at stake here and certain items within the FTA, which both sides want to discuss and resolve, that are going to take longer to resolve.&nbsp;

There are early harvest agreement talks, which is a positive development and UK IBC will welcome them since it shows willingness and momentum. The way forward is to have a series of agreements that, aggregated together, will become part and parcel of the FTA. I don't think we will see a big bang, I think it will be an incremental process.

WION: India vs China, where will UK businesses put money, especially in the backdrop of the Evergrande crisis in China?

Richard Heald: What I always say, businesses don't tend to invest in either India or China. They don't see the two entities as mutually exclusive; you look at where the opportunity is, which may cause you to invest in both countries.&nbsp;

If you look at the operating basis, I believe that opportunity and operating environment is more favourable in India versus China. Because of ease of doing business, because of transparency, rule of law that exists in India.&nbsp;

Also, reforms and legislations that exists in India, particularly in relation to addressing the thorny issue of dealing with retrospective tax have had a positive impact on businesses that aren't yet invested in India.&nbsp;

Taken as a whole, plus, you have an extremely dynamic consumer sector and opportunity within the domestic economy. Therefore, India is an extremely attractive investment destination across a whole range of sectors. We are seeing that we have seen businesses engage, as operators within India.

The UK India Business Council (UKIBC) chair Richard Heald says that India offers a more "favourable opportunity and operating environment" for businesses, as compared to China.

The UK India Business Council (UKIBC) chair Richard Heald says that India offers a more "favourable opportunity and operating environment" for businesses, as compared to China. This is because of "ease of doing business, because of transparency,(and) rule of law that exists". India has taken a number of reforms in the last few years and climbed up the ease of doing business ladder of the world bank. Speaking to our diplomatic correspondent Sidhant Sibal, Heald also spoke about the India-UK Free Trade Agreement (FTA) talks. He said that the talks will focus on, "what India wants and what UK can provide in terms of satisfying India's ambition. Like areas of Eletronic vehicles, batteries, the technology is being developed in UK but is being deployed and refined in India." Also read | PM Modi pays tribute to Jawaharlal Nehru on his 132nd birth anniversary Talks on the India-UK FTA is set to begin in December with the visit of the UK commerce secretary to India. UK is the 6th largest inward investor in India, after Mauritius, Singapore, Netherlands, Japan, and the USA with a cumulative equity investment of US $28.39 billion. Meanwhile, India has invested in 120 projects and created 5,429 new jobs in the UK to become the second-largest source of foreign direct investment (FDI) after the US in 2019 according to the Department for International Trade (DIT) inward investment statistics for 2019-2020. WION: How do you see India-UK business and investment engagement? Richard Heald: The business relationship is in a very good place, at this present moment in time. That might be a surprising statement, given what India and UK have gone through (during) Covid. The way businesses in both countries have collaborated in order to alleviate a lot of negativity and suffering that has occurred during the past months has been remarkable. For example, the collaboration between AstraZeneca and Serum Institute is a real exemplar of how the collaboration can occur, the benefits to the economy. I really do think that we (have) established very good business-to-business (B2B) ties, going forward. Also read | Ahead of Putin visit, Russia begins delivery of S400 air defence system to India WION: India-UK FTA talks are expected to start in December. What is UKIBC's expectation? Richard Heald: I think it is a very exciting time. It is being built up over government-to-government (G2G) collaboration between your minister and his UK counterpart and what we are seeing is many months of dialogue which has been going on over a number of years. Business is extremely excited over the opportunities available here. In the UK we have gone through a statutory consultation period. We have submitted that to our govt and we know that FICCI and CII have done the same. That is being fed into both governments' positions in relation to FTA. I would add, there is going to be an announcement about the commencement of discussion around the FTA. There has already been considerable dialogue between the two governments going forward. A lot of groundwork has been put in place. I have been involved in dialogue on both the Indian and UK sides. I have been struck by how similar have been the requests of businesses to each government. We are looking forward to levelling the playing field in terms of standards, in terms of operating practices, in terms of tariffs that align with world standards. (This) allows us to develop those areas which both PMs have indicated are important for our two nations. Within a general context, those are the real thing that we are looking forward to. WION: How do you see India as an investment destination? Richard Heald: In terms of FTA, we focus on tariff barriers, in terms of trade and investment and we focus on operating ease of doing business. What we have heard from UK businesses is that they are asking the UK Government to have an equal emphasis and equal focus on helping India improve its ease of doing business ranking. To a large extent that is an indication of the amount of investment UK businesses are doing or have done in the past few years and decades. We employ 700,000 people in India and 5 per cent of the organised sector. So ease of doing business is equally important. GST is equally important, the digitisation of licenses is also important, more things can be done. Progress has been significant. Also read | After RBI's warning against cryptocurrency, PM Modi chairs crucial meeting WION: The rationale of having India-UK FTA...How does it help India in having FTA with the UK? Richard Heald: If we look at the relationship between UK and India historically it has always been knowing each other's wishes, each other's requirements and being able to transact business on a relatively free basis between each other. Indian diaspora is fundamental to the understanding between our two countries. UK has been historically very much present in India and therefore what we are looking forward to in terms of FTA if you like to consolidate that--to focus on what India wants and what the UK can provide in terms of satisfying India's ambition. Like areas of Electronic vehicles, batteries; the technology is being developed in the UK but is being deployed and refined in India. It is that sort of colouration we are looking at FTA to catalyze and accelerate. WION: Any timeline for the FTA? We saw India-EU taking their time. Richard Heald: One observation, that when you are dealing with an entity made up of multiple nations, and you have to square off the different interests, that certainly becomes problematic. Here we are dealing on a bilateral basis between two nations (that have) known each other for a long time and have a good relationship. I am optimistic, we will not be in the same situation. That being said, there are complicated issues at stake here and certain items within the FTA, which both sides want to discuss and resolve, that are going to take longer to resolve. There are early harvest agreement talks, which is a positive development and UK IBC will welcome them since it shows willingness and momentum. The way forward is to have a series of agreements that, aggregated together, will become part and parcel of the FTA. I don't think we will see a big bang, I think it will be an incremental process. WION: India vs China, where will UK businesses put money, especially in the backdrop of the Evergrande crisis in China? Richard Heald: What I always say, businesses don't tend to invest in either India or China. They don't see the two entities as mutually exclusive; you look at where the opportunity is, which may cause you to invest in both countries. If you look at the operating basis, I believe that opportunity and operating environment is more favourable in India versus China. Because of ease of doing business, because of transparency, rule of law that exists in India. Also, reforms and legislations that exists in India, particularly in relation to addressing the thorny issue of dealing with retrospective tax have had a positive impact on businesses that aren't yet invested in India. Taken as a whole, plus, you have an extremely dynamic consumer sector and opportunity within the domestic economy. Therefore, India is an extremely attractive investment destination across a whole range of sectors. We are seeing that we have seen businesses engage, as operators within India.

Exclusive | "Operating environment favourable in India than China," UKIBC Chief

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UK trade Secretary Kemi in Delhi from today for FTA talks

UK home secretary expresses ‘reservations’ about trade deal with India

UK planning to ease visa rules for Indian citizens to clinch trade deal: Report

Exclusive | "Operating environment favourable in India than China," UKIBC Chief