ISDS Case Map
UK
United Kingdom
A 1 billion ($1.2 billion) corner of the UK economy is fearing for its future as Britain and India close in on a long-awaited free-trade agreement.
As both countries inch closer to signing the agreement, discussions have focused on contentious parts such as intellectual property rights (IPR), rules of origin and bilateral investment treaties (BIT)
India and the United Kingdom (UK) are unlikely to ink the much-anticipated trade deal by the end of October due to unresolved differences over market access issues, especially in services, according to a Financial Times report.
India and the United Kingdom are expected to sign a proposed free-trade agreement deal at the end of October 2023.
Indian industry is demanding greater access for its skilled professionals from sectors like IT, and healthcare in UK market.
The much-awaited India-UK Free Trade Agreement is set to be signed by both countries by month-end here, with all outstanding issues having been resolved.
Leaked US proposals cover thorny issues including agriculture, but not market access.
The Canadian meat industry has launched a campaign demanding its government block the UK’s accession to a new trans-Pacific trade deal unless it accepts imports of Canadian hormone-fed beef.
Indian industries are unwilling to offer import duty concessions to British manufacturers without London allowing easier mobility for Indian professionals, people aware of the matter said.
Angry firms and trade unions fear being undercut and say they were shut out of Britain’s biggest trade talks.
