New Delhi, June 2 -- UK Business and Trade Secretary Peter Kyle is in Delhi today to progress the next stage of the £48 billion (approx. USD 64.7 billion) trading relationship with India. According to a statement from the Government of the UK, the Business and Trade Secretary will meet India's Commerce Minister Piyush Goyal in New Delhi to advance the trade relationship. The two officials are scheduled to discuss bringing the bilateral Free Trade Agreement (FTA) into force as quickly as possible.

The push to finalize the agreement comes amid widespread international trade volatility. As global conflicts, including the continued blockade of the Strait of Hormuz, cause economic shocks across the world's biggest economies, Kyle views t...