UK and India nearing a free trade agreement: Reports
UK and India nearing a free trade agreement: Reports WION
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India-UK Free Trade Agreement Nearing Realization
Introduction
The proposed free trade agreement between India and the UK is inching closer to realization. In a bid to protect domestic interests, India has excluded data-related issues and dairy sector concessions from the proposed India-UK free trade agreement. However, the negotiations have taken an intriguing turn as India is considering duty concessions on automobiles and certain confectionery items.
Sustainable Development Goals (SDGs)
- Goal 1: No Poverty
- Goal 2: Zero Hunger
- Goal 3: Good Health and Well-being
- Goal 4: Quality Education
- Goal 5: Gender Equality
- Goal 6: Clean Water and Sanitation
- Goal 7: Affordable and Clean Energy
- Goal 8: Decent Work and Economic Growth
- Goal 9: Industry, Innovation, and Infrastructure
- Goal 10: Reduced Inequalities
- Goal 11: Sustainable Cities and Communities
- Goal 12: Responsible Consumption and Production
- Goal 13: Climate Action
- Goal 14: Life Below Water
- Goal 15: Life on Land
- Goal 16: Peace, Justice, and Strong Institutions
- Goal 17: Partnerships for the Goals
Conclusion
The ongoing negotiations for the India-UK free trade agreement have seen progress, with India excluding data-related issues and dairy sector concessions to protect its domestic interests. However, there is a possibility of duty concessions on automobiles and certain confectionery items. It is important for both countries to consider the Sustainable Development Goals (SDGs) while finalizing the agreement to ensure economic growth and development align with global sustainability targets.
SDGs, Targets, and Indicators
1. Which SDGs are addressed or connected to the issues highlighted in the article?
- SDG 8: Decent Work and Economic Growth
- SDG 9: Industry, Innovation, and Infrastructure
- SDG 12: Responsible Consumption and Production
The issues highlighted in the article are related to international trade agreements and the impact on various sectors of the economy. These SDGs address economic growth, innovation, infrastructure development, and responsible consumption and production.
2. What specific targets under those SDGs can be identified based on the article’s content?
- Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 percent gross domestic product growth per annum in the least developed countries.
- Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all.
- Target 12.2: By 2030, achieve the sustainable management and efficient use of natural resources.
The article mentions the proposed free trade agreement between India and the UK, which can contribute to economic growth (Target 8.1) and the development of infrastructure (Target 9.1). Additionally, the exclusion of data-related issues and concessions in the dairy sector can be seen as a step towards responsible consumption and production (Target 12.2).
3. Are there any indicators mentioned or implied in the article that can be used to measure progress towards the identified targets?
- Indicator for Target 8.1: Gross domestic product (GDP) growth rate
- Indicator for Target 9.1: Investment in infrastructure development
- Indicator for Target 12.2: Resource efficiency and waste management
The article does not explicitly mention specific indicators, but progress towards Target 8.1 can be measured using the GDP growth rate, which reflects the economic performance. Target 9.1 can be measured by tracking the investment made in infrastructure development. For Target 12.2, indicators related to resource efficiency and waste management can be used to assess sustainable management and efficient use of natural resources.
4. Table: SDGs, Targets, and Indicators
| SDGs | Targets | Indicators |
|---|---|---|
| SDG 8: Decent Work and Economic Growth | Target 8.1: Sustain per capita economic growth in accordance with national circumstances and, in particular, at least 7 percent gross domestic product growth per annum in the least developed countries. | Gross domestic product (GDP) growth rate |
| SDG 9: Industry, Innovation, and Infrastructure | Target 9.1: Develop quality, reliable, sustainable, and resilient infrastructure, including regional and transborder infrastructure, to support economic development and human well-being, with a focus on affordable and equitable access for all. | Investment in infrastructure development |
| SDG 12: Responsible Consumption and Production | Target 12.2: By 2030, achieve the sustainable management and efficient use of natural resources. | Resource efficiency and waste management |
Behold! This splendid article springs forth from the wellspring of knowledge, shaped by a wondrous proprietary AI technology that delved into a vast ocean of data, illuminating the path towards the Sustainable Development Goals. Remember that all rights are reserved by SDG Investors LLC, empowering us to champion progress together.
Source: wionews.com
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