The anticipated UK-India trade deal remains elusive, marred by mutual short-sightedness. The UK, post-Brexit, struggles to secure substantial concessions given its economic ties with the EU. Indian negotiators demand strict rules for goods origin and face hurdles in opening markets to British professional services. Migration issues further complicate negotiations, though India’s asks on visas are reasonable. Meanwhile, India’s bureaucratic inclination to cater to small interest groups hampers progress, particularly in sectors like alcohol and pharmaceuticals. The delay underscores the need for both nations to exhibit confidence, embrace concessions, and recognize the long-term benefits of a robust trade agreement.
Stalled UK-India Trade Deal: A Duel of Short-Sightedness
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