LONDON: (May 21) It will be “quicker, cheaper and easier” for British companies to trade with India as a result of the bilateral Free Trade Agreement (FTA) struck earlier this month, the UK government said on Wednesday.
Business and Trade Secretary Jonathan Reynolds described the FTA as the “best deal India has ever agreed to” as he convened a revamped advisory board for its first meeting, tasked with boosting exports to grow the UK economy.
The Board of Trade, made up of UK business experts, is charged with delivering targeted support for small businesses across the country and helping firms utilise the exporting opportunities from the UK’s recent FTAs – with the India pact followed by a US deal. PTI