India is stepping up its efforts to sign key trade agreements with countries like the UK as it faces growing global tariffs. Speaking ahead of an important round of talks with British officials, Finance Minister Nirmala Sitharaman emphasized how increasing international duties are prompting India to act faster on trade negotiations.
She highlighted that with multiple nations imposing protectionist trade policies, it's become necessary for India to expand its trade partnerships. The goal is to reduce dependency on a limited number of markets and to improve access for Indian goods and services worldwide.
One of the most talked-about deals is the India-UK Free Trade Agreement (FTA), which both countries have been negotiating for some time. If signed, the deal could ease the movement of goods, services, and investments between the two economies.
The Finance Minister also pointed out how India's internal reforms—such as improvements in infrastructure and tax systems—are making the country a more attractive destination for foreign investors. She stated that India's growing economy, combined with strategic global partnerships, is laying the foundation for long-term economic strength.