India, April 9 -- Union finance minister Nirmala Sitharaman and United Kingdom chancellor of exchequer Rachel Reeves on Wednesday reiterated the commitment of the two governments to strengthen ties between the two nations and said, both sides are "continuing negotiations at pace" towards a "mutually beneficial" free trade agreement (FTA) and bilateral investment treaty.

The finance ministers of the two countries met in London for the 13th Economic and Financial Dialogue (13th EFD) and reiterated their commitment to build a comprehensive and strategic partnership between the two countries, a finance ministry statement said.

A top official aware of India-UK free trade negotiations said the talks are on a fast-track.

India-UK FTA talks st...