British Prime Minister Rishi Sunak said on Saturday that he was confident a free trade deal with India could be secured but cautioned there was still hard work to do.
"There's a desire on both of our parts to see a successful trade deal concluded...but there is a lot of hard work that's still to go," Sunak told reporters after talks with Indian Prime Minister Narendra Modi at the gathering of the Group of 20 major economies in New Delhi.
"There has to be a win-win for both countries."
Negotiations on a trade deal began in January 2022 and have already missed several political deadlines. But recent comments from both Britain and India have suggested progress has been made.
Ahead of the visit, Sunak said the British government had no plans to change its approach to cutting net migration in order to seal a deal with India.
A British source close to the negotiations told Reuters in July that talks had gained momentum, but that further work was needed on services and tariffs to secure an agreement.
A top Indian trade ministry official said later in July that both countries could sign the trade deal this year as they have reached a consensus on the broad contours. Sunak said on Saturday he would not put an arbitrary deadline on the deal.
The Gulf Cooperation Council (GCC) countries saw a slight decline in overall national income in 2023, but their non-oil economies continued to grow steadily, according to new data from the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat).
Air Canada's unionised flight attendants walked off the job early on Saturday morning after pay talks with the country's largest carrier stalled, in a move that is expected to disrupt travel plans for more than 100,000 passengers.
Dubai recorded a GDP of AED119.7 billion in the first three months of the year, marking a 4 per cent growth during the same period last year, driven by strong performances and expansion across various sectors.
Salik has posted AED 1.527 billion in revenue for the first half of the year, marking 39.5 per cent in growth driven by the introduction of variable pricing at the end of January and two new toll gates last November.
The United States and China have extended a tariff truce for another 90 days, staving off triple-digit duties on each other's goods as US retailers get ready to ramp up inventories ahead of the critical end-of-year holiday season.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.
Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.