The big news is coming out about the FTA between India and Britain. According to the news, the much-awaited Free Trade Agreement (FTA) between the two countries will be signed in Indonesia. The seal will be taken in the meeting of the G20 summit to be held in Bali, Indonesia in mid-November. At the same time, on the sidelines of this meeting, there will be bilateral talks between the newly elected PM of Britain Rishi Sunak, and PM Modi.
Preparations have started in both countries for the final decision on FTA. It is worth noting that on Thursday, PM Modi had a phone conversation with British PM Rishi Sunak. In this conversation, both expressed their commitment to the FTA. The G20 summit going to be held in Bali is already in discussion for many other reasons. Chinese President Xi Jinping will also participate in this meeting. Due to this, the market of speculation is hot on the meeting of Jinping-Modi on the lines of the Shanghai Cooperation Organization (SCO) meeting held recently in Samarkand, the capital of Uzbekistan. At the same time, it is worth noting that in the SCO meeting, PM Narendra Modi distanced himself from Jinping.
The market of discussions is also hot because recently, after getting Xi Jinping's third term as President, Prime Minister Narendra Modi has distanced himself from congratulating him. According to government sources, it is almost certain that the FTA will be approved in the bilateral talks to be held in Bali. In view of this, both countries are constantly engaged in removing the bottlenecks of this agreement. Negotiations are continuing between the two sides to remove the impediments.