Close Menu
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Facebook X (Twitter) Instagram Threads
Trending:
  • China landslide kills 8, at least 34 missing
  • Is India the new China? Skoda’s CEO says it could be far more than just a huge car sales market
  • 2026 1H: Active Healthcare Stocks ETF TMED Spiked
  • Lendlease, PGGM Launch $739M Japan Value-Add Partnership
  • Ransomware Attack Halts Production at Coca-Cola’s Fairlife Dairies
  • Urban Revivo Flagship Store, Beijing, China
  • Symmetry Investments receives regulatory approval to operate in Dubai
  • China’s Zhongji Innolight nears Hong Kong listing of up to $7 billion
  • Delhi HC calls for media regulation framework, says ‘anyone with mobile phone’ can claim to be journalist
  • ‘Dhurandhar 2’ Drives India’s Record First-Half 2026 Box Office
  • Armed Gunmen Seize Chemical Tanker Off Yemen Coast in Gulf of Aden
  • Autopsies find most Bangkok bar fire victims died within minutes – The Independent
  • MP Alan Mak is first customer as new temporary Havant Banking Hub opens
  • Latest News – Rhodes University to lead Presidential PhD Hub in Advanced Biotechnology
  • Airbus Lands Orders For 95 Aircraft From Air China, Hainan Airlines
  • How this Egyptian expat found his place in the UAE by helping others find theirs – Gulf News
  • Indonesia prepares to evacuate its citizens from the Middle East
  • Indonesia Competes With Thailand, India, Singapore, Japan and Malaysia in the Growing Wellness Tourism Market as New National Programme Promotes Cultural Heritage, Personal Wellbeing and Meaningful Travel Experiences
Friday, July 17
Facebook X (Twitter) Instagram
Simply Invest Asia
  • Home
  • About us
  • Explore industries/sectors
    • Automobile
    • Aviation
    • Banking
    • Biotechnology
    • Chemical & Fertilizer
    • Entertainment and Media
    • Food Processing
    • Healthcare
    • Iron and Steel
    • Leather
    • Mining
    • Oil and Gas
    • Pharmaceutical
  • Explore by countries
    • China
    • Dubai / UAE
    • Hong Kong
    • India
    • Indonesia
    • Japan
    • Malaysia
  • Explore cities
    • Bangkok
    • Beijing
    • Chongqing
    • Delhi
    • Dubai
    • Guangzhou
    • Jakarta
    • Kuala Lumpur
  • Why Asia
Simply Invest Asia
Home»Explore by countries»India»India reviews duty sop on Scotch in UK trade deal
India

India reviews duty sop on Scotch in UK trade deal

By IslaJune 1, 20262 Mins Read
Share
Facebook Twitter Pinterest Threads Bluesky Copy Link


India reviews duty sop on Scotch in UK trade deal

NEW DELHI: Govt is reviewing tariff concessions on Scotch and some other products proposed in the trade agreement with the UK if its concerns over steel quotas and duties are not addressed before the treaty is ratified.“We have to rebalance the FTA… We haven’t made up our mind, but we can consider action on certain goods like Scotch, unless they roll back the steel duty,” a senior govt official said ahead of UK trade secretary Peter Kyle’s visit to resolve the deadlock.Kyle is scheduled to meet commerce and industry minister Piyush Goyal on Tuesday. Govt is upset at the new measures imposed by the UK after the trade deal was finalised last year with govt officials pointing to the contrast with the European Union, which had offered to protect India’s interests given the changes on the anvil.As a result, the treaty which was to be implemented in May has been deferred indefinitely with no fresh date in sight as Indian authorities revisit the tariff concessions that have been offered. Govt is also expected to seek clarity on the UK’s planned Carbon Border Adjustment Mechanism. “We need clarity on it, or we will have to deal with it in Jan, when it is to be implemented,” the official said.In a statement, the UK said that Kyle will seek to advance trading relationship already worth £48 billion ($56.5 billion). “as global conflicts including the continued blockade of the Strait of Hormuz are causing economic shocks across the world’s biggest economies, Peter Kyle sees advancing the UK’s vital economic partnership with India as a key priority, with significant mutual benefit,” the statement said.



Source link

Related Posts

‘Dhurandhar 2’ Drives India’s Record First-Half 2026 Box Office

July 17, 2026

Is India Planning an Exchange of Territory With Myanmar? – The Diplomat

July 17, 2026

India debuts hydrogen-powered train as part of sustainability drive | Energy News

July 17, 2026
Add A Comment
Leave A Reply Cancel Reply

Top Posts

China Scraps 12,000 Degrees in Biggest Academic Overhaul in Years

June 14, 2026

Chinese Wall may stem India tech flows for electronics and automobile

June 1, 2026

Abandoned malls, whispers of nuclear war and young foreigners detained. This is what’s REALLY going on in Dubai… and the chilling warning one taxi driver gave to the Mail’s IAN BIRRELL

April 11, 2026
Don't Miss

China landslide kills 8, at least 34 missing

By IslaJuly 17, 2026

Rescue workers search for survivors at the site of a landslide in Pengshui County in…

Is India the new China? Skoda’s CEO says it could be far more than just a huge car sales market

July 17, 2026

2026 1H: Active Healthcare Stocks ETF TMED Spiked

July 17, 2026

Lendlease, PGGM Launch $739M Japan Value-Add Partnership

July 17, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

Stay In Touch
  • Facebook
  • YouTube
  • TikTok
  • WhatsApp
  • Twitter
  • Instagram
Top Trending

MP Alan Mak is first customer as new temporary Havant Banking Hub opens

By IslaJuly 17, 2026

Latest News – Rhodes University to lead Presidential PhD Hub in Advanced Biotechnology

By IslaJuly 17, 2026

Airbus Lands Orders For 95 Aircraft From Air China, Hainan Airlines

By IslaJuly 17, 2026
Most Popular

Did the Military Obstruct Justice at Metro Police?

July 11, 2026

Mandy El-Sayegh in Angels and Mara | Bangkok Art Biennale 2026

May 28, 2026

UAE’s Exit from OPEC and Its Implications for India’s Energy Security

May 31, 2026
Our Picks

AI data center boom tests Malaysia’s power, water, talent limits

July 10, 2026

Kuehn Law Encourages Investors of Ultragenyx Pharmaceutical Inc. to Contact Law Firm — TradingView News

June 5, 2026

South Delhi horror: Doctor bludgeons, stabs domestic help to death in posh Mount Kailash apartment – The Times of India

June 18, 2026
SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first. Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.

© 2026 Simply Invest Asia.
  • Get In Touch
  • Cookie Policy
  • Privacy policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.

SUBSCRIBE TO OUR NEWSLETTER

Get our latest downloads and information first.

Complete the form below to subscribe to our weekly newsletter.


I consent to being contacted via telephone and/or email and I consent to my data being stored in accordance with European GDPR regulations and agree to the terms of use and privacy policy.