The financial services sector holds out an “exciting” prospect of closer exchange between India and the United Kingdom with a free trade agreement (FTA) being negotiated between the two countries, according to British Chancellor of the Exchequer, Rishi Sunak.
In an interaction with reporters ahead of India Global Forum's UK-India Awards celebrating Indian diaspora success within the UK-India corridor on Friday, July 1, 2022, the senior British Indian Cabinet Minister said he sees enormous opportunity for both countries in areas such as fintech and welcomed the opening up of the Indian insurance market.
The British Minister also expressed his confidence over an India-U.K. FTA draft ahead of the Diwali.
