The U.K. and India are scheduled to start talks about a free trade agreement in the autumn, said the British International Trade Secretary Liz Truss.
“We will start negotiations on a full free trade agreement this autumn,” she said in an interview with Sky News. Truss hopes to complete the talks “as soon as possibile but of course we will be looking for early wins that we can gain.”
She believes that an agreement between the two countries could double trade by 2030. Truss noted that current trade between the U.K. and India stands at 24 billion pounds (€27.7bn-$33.3bn) annually. Truss added that the U.K. has to be trading with the “fast-growing parts of the world.”