Hunt emphasises that the coming weeks will be crucial in advancing negotiations between the UK and India.

Chancellor Jeremy Hunt has suggested that the UK could strike a significant trade deal with India by the end of this year, following a period of intense negotiations between the two nations. Hunt indicated that the next few weeks would be critical in determining whether both sides can reach an agreement, potentially enhancing economic ties and trade between the countries.

Speaking in a recent interview, Hunt expressed optimism about the progress made so far in discussions with Indian officials. He highlighted the potential for the deal to bolster the UK economy, particularly in sectors such as technology, finance, and agriculture. “We are in the final stages of talks, and the next few weeks will be crucial for getting this over the line,” he said. “Both governments are committed to making this work, and we are hopeful that we will see a deal this year.”

The UK government has been keen to establish stronger trade relations with India post-Brexit, and the proposed deal is seen as an important step in this direction. India is one of the world’s fastest-growing major economies, and its growing market represents a significant opportunity for UK businesses, particularly in terms of exports, investment, and partnerships.

While both sides have expressed hope for a deal, some outstanding issues remain to be resolved. These include concerns over tariffs, market access, and the protection of intellectual property rights. However, UK and Indian negotiators have been working hard to address these challenges, and there is growing confidence that a mutually beneficial agreement is within reach.

The potential India-UK trade deal would be a key milestone in the UK’s post-Brexit trade strategy, furthering its ambitions to build relationships with major global economies. Hunt’s comments have further raised expectations that a deal could be finalised soon, with significant benefits for both nations.

As the talks continue, the world will be watching closely to see whether the two sides can seal the agreement and deepen their economic collaboration for years to come.