New Delhi, Feb. 24 -- India and the United Kingdom have resumed negotiations on a trade deal that is "balanced, mutually beneficial and forward-looking."

The announcement was made by Commerce and Industry Minister Piyush Goyal and Secretary of State for the Department for Business and Trade of the United Kingdom Jonathan Reynolds, who is in the national capital.

A Commerce Ministry release said the announcement is the outcome of discussions held between the Prime Ministers of the two countries.

Prime Minister Narendra Modi and his UK counterpart Keir Starmer had met on the sidelines of the G-20 Summit in Rio de Janeiro, Brazil in November 2024 to underline the importance of resuming trade negotiations at an early date.

The release sai...