Latest news with #bilateral
The Guardian
5 minutes ago
- Sport
- The Guardian
England v India: series-deciding third women's cricket ODI
Update: Date: 2025-07-22T11:00:42.000Z Title: Preamble Content: You wait ages for a banger of a bilateral, then two turn up at once. Though England and India are two teams still seeking themselves, in the meantime, they are both fine teams, in the process of serving us a terrific series. It's easy to make a case for both to take it today, as it is for almost every player of the 22 to make the crucial contribution. We play sport partly to find out what's going to happen when we do, and anyone confidently predicting the outcome of this contest is bluffing. There are players in form – for England, Sophia Dunkley, Alice Davidson-Richards, Amy Jones and, of course, Sophie Ecclestone, with Sneh Rana, Jemimah Rodrigues, Deepti Sharma and Smriti Mandhana at it for India. But there are also players who've yet to fully figure but rarely let a series go by without a major contribution – Tammy Beaumont and Nat Sciver-Brunt for the hosts, Harmanpreet Kaur for the tourists. Any one of them could be definitive today, likewise someone we've not named – we just don't know, which is what makes this match so exciting. Likewise, the imminent World Cup: everything that happens today is building towards that, with players jockeying for position and units looking to cement themselves. For the teams, there's a series on the line, but the players are playing for their futures. This is going to be great. Play: 1pm BST
Bloomberg
a day ago
- Business
- Bloomberg
Taiwan Says More US Trade Negotiations Will Be Held This Week
Taiwan said more trade talks with the US will be held this week, while also hitting back at domestic speculation that the self-run democracy had already received a tariff letter from the US. The announcement on an upcoming fourth round of trade discussions was made by cabinet spokesperson Michelle Lee in a statement Monday. She said that Taipei was 'committed to pursuing balanced bilateral trade and enhancing mutual benefit between Taiwan and the US,' while protecting the economy's interests and industry.
Arab News
2 days ago
- Business
- Arab News
Modi to visit London this week as India-UK trade pact nears signing
New Delhi: Prime Minister Narendra Modi will visit the UK this week, the Indian government said on Sunday, as the countries prepare to formally sign a long-pending bilateral free trade agreement. Modi's two-day trip on the invitation of his British counterpart, Keir Starmer, will start on Wednesday. 'During the visit, the two sides will also review the progress of the Comprehensive Strategic Partnership (CSP) with a specific focus on trade and economy, technology and innovation, defence and security, climate, health, education and people-to-people ties,' the Indian Ministry of External Affairs said on Sunday. Launched in January 2022, the FTA negotiations between India and the UK were set to conclude the same year, but despite more than a dozen formal rounds, talks have stalled over issues like tariffs, rules of origin and mobility for services professionals. A deal-in-principle was announced by Modi and Starmer in May, and India's Commerce Minister Piyush Goyal was in London last month, with his office saying the visit aimed at charting out a 'clear, time-bound road map for its finalization and implementation.' At the same time, India is in ongoing talks with the US, which is seeking broader access to several key sectors, including agriculture, automobiles, steel, and aluminum — a concession New Delhi resists. Without a deal, Indian exports could face a 26–27 percent 'reciprocal' tariff imposed by President Donald Trump's administration starting Aug. 1. The FTA with the UK could offer India more predictability in economic matters, according to Prof. Harsh V. Pant, vice president of the Observer Research Foundation. 'This is going to be an important marker in the India-UK relationship, and India signaling to the world, particularly in the age of Trump — where there is so much unpredictability and volatility — that any kind of predictability that comes in with other partners is a benefit for every side,' he told Arab News. 'In this case, the UK and India would be hoping that this gives them greater predictability in their economic partnership, thereby reducing some of the challenges that continue to emanate from Washington.' The pact would also signal to other partners that India is willing to engage on economic matters. India is also in talks with the EU to conclude a comprehensive FTA by the end of 2025. 'This is a very important signal to other interlocutors, including the EU and US, that India will be willing to engage creatively on concluding these FTAs,' Pant said. 'This FTA is also crucial for a post-Brexit UK that is trying to retain its economic relevance around the world.'
Zawya
4 days ago
- Business
- Zawya
UK, India likely to unveil trade deal next week, sources say
India and Britain are expected to seal a long-awaited free trade deal next week, two Indian government sources said, granting Indian textiles and electric vehicles some duty-free access to the UK market and easing British exports of whisky, cars and food. In May, both countries announced the conclusion of trade negotiations after three years of stop-start negotiations, aiming to increase bilateral trade, remove trade barriers and allow duty-free entry of goods. The countries are now preparing to formally sign the agreement, and the announcement could coincide with Indian Prime Minister Narendra Modi's expected visit to London next week, one of the Indian officials said. The trade pact will take effect in about a year, after it is approved by the British parliament and India's federal cabinet, the official added. Officials spoke on the condition of anonymity as the details are not public. "The trade agreement offers a win-win for both countries," the second Indian source said, adding that Indian consumers would gain access to Scotch whisky at lower prices, as import tariffs will drop to 75% from 150% immediately, and further to 40% over the next decade. On cars, India will cut duties to 10% from 100% under a quota system that will be gradually liberalised, the sources said. In return, Indian manufacturers are expected to gain access to the UK market for electric and hybrid vehicles, also under a quota regime, they added. India's commerce ministry did not immediately respond to an emailed request for comment. Britain's trade ministry said that the countries were working to finalise the deal. "We have been working with India on a landmark trade deal that will deliver for British people and business," a UK government spokesperson said. India's trade ministry has said 99% of Indian exports to Britain would benefit from zero duty under the deal, including textiles, while Britain will see reductions on 90% of its tariff lines. An Indian trade delegation is separately holding talks in Washington, for a potential trade deal with the U.S. as President Donald Trump ramps up his trade war with the threat of sharply higher tariffs from August 1. By 2030, India's middle class is projected to reach 60 million people and could rise to a quarter of a billion by 2050, according to British government estimates. India's overall import demand is forecast to grow by 144% in real terms to 1.4 trillion pounds ($1.88 trillion) by 2035, compared to 2021. ($1 = 0.7434 pounds)
Reuters
4 days ago
- Business
- Reuters
UK, India likely to unveil trade deal next week, including whisky, EVs, textiles, sources say
NEW DELHI/LONDON, July 18 (Reuters) - India and Britain are expected to seal a long-awaited free trade deal next week, two Indian government sources said, granting Indian textiles and electric vehicles some duty-free access to the UK market and easing British exports of whisky, cars and food. In May, both countries announced the conclusion of trade negotiations after three years of stop-start negotiations, aiming to increase bilateral trade, remove trade barriers and allow duty-free entry of goods. The countries are now preparing to formally sign the agreement, and the announcement could coincide with Indian Prime Minister Narendra Modi's expected visit to London next week, one of the Indian officials said. The trade pact will take effect in about a year, after it is approved by the British parliament and India's federal cabinet, the official added. Officials spoke on the condition of anonymity as the details are not public. "The trade agreement offers a win-win for both countries," the second Indian source said, adding that Indian consumers would gain access to Scotch whisky at lower prices, as import tariffs will drop to 75% from 150% immediately, and further to 40% over the next decade. On cars, India will cut duties to 10% from 100% under a quota system that will be gradually liberalised, the sources said. In return, Indian manufacturers are expected to gain access to the UK market for electric and hybrid vehicles, also under a quota regime, they added. India's commerce ministry did not immediately respond to an emailed request for comment. Britain's trade ministry said that the countries were working to finalise the deal. "We have been working with India on a landmark trade deal that will deliver for British people and business," a UK government spokesperson said. India's trade ministry has said 99% of Indian exports to Britain would benefit from zero duty under the deal, including textiles, while Britain will see reductions on 90% of its tariff lines. An Indian trade delegation is separately holding talks in Washington, for a potential trade deal with the U.S. as President Donald Trump ramps up his trade war with the threat of sharply higher tariffs from August 1. By 2030, India's middle class is projected to reach 60 million people and could rise to a quarter of a billion by 2050, according to British government estimates. India's overall import demand is forecast to grow by 144% in real terms to 1.4 trillion pounds ($1.88 trillion) by 2035, compared to 2021. ($1 = 0.7434 pounds)
