Join Search
Search
Close
View all our work

TheCityUK hails launch of UK-India trade negotiations

13 January 2022

Commenting on the news, Miles Celic, Chief Executive Officer, TheCityUK, said,

The launch of trade negotiations with India presents a huge opportunity to supercharge trade and investment with one of the world’s most important economic powerhouses.

“As both the UK and Indian economies are driven by exciting and innovative services industries, any trade agreement should reflect this and strive to deliver stronger two-way investment and trade in services. It is also an opportunity to break new ground for cross-border services issues and show real ambition to improve global services trade.

“The industry is committed to supporting the process, including through our work on the India-UK Financial Partnership, which seeks to deliver practical recommendations for deepening linkages between the financial sectors in India and the UK, increasing trade and investment flows, and supporting policy reform.”

You might also be interested in
What does UK-US financial services trade comprise?

In my last blog post, I examined trends over time in the financial services trade surpluses of the UK and the US. I noted that these two countries are not only the world’s largest net exporters of financial services by a wide margin, but also each other’s largest financial services trade partner.