India-UK Trade Pact Preserves Licensing

The Indian government has told Parliament that the new trade agreement with the United Kingdom will not stop India from using compulsory licensing for important technologies.

Compulsory licensing is a tool that helps during emergencies, like health crises.

The minister said the agreement does not add any new rules or delays for this.

He also mentioned that Indian companies will have better access to the UK's public procurement market, which is worth a lot of money.

This is good news for Indian companies in areas like IT, pharmaceuticals, and services.

The government is also talking about making trade easier with the European Union and the United States.

They have already signed similar agreements with other countries to help Indian products, like textiles, become more competitive.