The UK government confirmed that student visas will not be part of the India-UK Free Trade Agreement negotiations, which will only address temporary business mobility visas. As discussions progress, UK officials remain optimistic about securing a deal, emphasizing the significance of the bilateral trading relationship, which was valued at GBP 41 billion last year.
The United Kingdom has clarified that only temporary business mobility visas will be addressed in the ongoing negotiations for the India-UK Free Trade Agreement (FTA), explicitly excluding student visas. This announcement was made during a recent House of Lords debate, where cross-party peers sought clarity on the FTA negotiations that resumed following UK Business and Trade Secretary Jonathan Reynolds’ visit to New Delhi.
Lord Sonny Leong, the Government Whip in the Lords, acknowledged the cultural and economic ties between the UK and India, citing shared interests such as sports and entertainment. He reiterated that the negotiations focus solely on business mobility, encompassing specific temporary visas beneficial for UK exporters but excluding student visas from trade discussions.
In response to inquiries regarding the timeline for the FTA, Lord Leong stated the government aims for a timely resolution while emphasizing the importance of securing the right deal for the UK. He noted that the bilateral trading relationship with India was valued at GBP 41 billion last year and highlighted the goal of reducing high tariffs that hinder UK exporters.
During the debate, various British Indian peers, such as Lord Bilimoria and Lord Sahota, urged the government to expedite the FTA negotiations, warning that delays could allow other countries to gain a competitive advantage. They underscored the potential benefits of reduced trade costs, improved consumer choice, and the need for the UK to maintain strong economic ties with India.
Lord Bilimoria suggested that the UK should enhance its Indo-Pacific relations by joining the Quad alliance, emphasizing the strategic importance of such connections. Baroness Verma further advocated for appointing dedicated trade envoys to India to strengthen diplomatic and commercial ties.
Indian External Affairs Minister S. Jaishankar expressed optimism about the FTA negotiations during his recent UK visit, indicating an eagerness on the British side to advance talks effectively. Overall, there is a strong desire among UK officials and peers to finalize the FTA, recognizing the critical economic potential the partnership with India holds.
In summary, the UK government has stated that student visas will not be included in the ongoing Free Trade Agreement discussions with India, focusing strictly on temporary business mobility visas. Although the timeline for finalizing the FTA remains uncertain, both countries express optimism about deepening their economic ties, which are already significant. Political leaders stress the urgency and potential advantages of concluding the agreement to secure a competitive position in the global economy.
Original Source: www.ndtv.com
