Proposed India-EU FTA negotiations need political directions: Piyush Goyal
The pact came up for discussion during an interaction between Commerce and Industry Minister Piyush Goyal and Ambassadors of the European Commission delegation.
Jaguar Land Rover has issued a stark warning on Brexit, saying it will reconsider 80 billion pounds ( 106 billion) of investment in the UK if the government fails to negotiate a deal that protects free trade with the European Union.
The comments, which follow similar warnings from BMW and Airbus, come before a meeting Friday where Cabinet ministers will try to hammer out a unified position on the UK’s future relationship with the EU after months of squabbling.
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The government is divided between ministers who want to maintain close ties with the EU and those who want a clean break.
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CEO Ralf Speth says Jaguar faces an “unpredictable future if the Brexit negotiations do not maintain free and frictionless trade with the EU and unrestricted access to the single market.”
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