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 Indian state of Maharashtra has suspended the licences of four Domino's outlets after reporting grease residue in pizza-making machines and insect infestations, the latest move in an intensifying crackdown by food regulators.
XRG, ADNOC’s international energy investment company, has announced its entry into Venezuela through the award of the offshore Loran licence, and the transfer of interest in the licence by PDVSA Gas.
Venture capitalist Joshua Kushner and former Disney CEO Bob Iger are set to purchase the Los Angeles Lakers, with the deal valued at a record $12.5 billion, according to sources familiar with the matter on Wednesday.
The chairman of India's largest conglomerate Tata Sons will not seek reappointment, he said, citing the board's lack of backing after tensions with the charitable arm that controls the group.
Passengers flying to Dubai through Emirates can now change their travel dates free of charge in an unlimited capacity under a new measure announced by the airline to offer greater flexibility.
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