India
UK restarts trade talks with India and deepens strategic ties | India News – Times of India
The announcement came after Prime Minister Narendra Modi met Starmer on the sidelines of the G20 summit in Brazil, where the two leaders discussed improving cooperation in key areas.
“The UK will seek a new strategic partnership with India, including a trade deal, and deepen cooperation in areas such as security, education, technology and climate change,” Starmer’s office said.
Starmer, in a statement from his office, highlighted the economic benefits of a potential trade deal. “Stimulating economic growth is key to improving the living standards of working people. A new trade deal with India will support jobs and prosperity in Britain – and represent a step forward in our mission to create growth and opportunity across our country,” he said.
Prime Minister Modi described the bilateral discussion as ‘extremely productive’ and noted the importance of the comprehensive strategic partnership between India and Britain. “In the coming years we would like to work closely together in areas such as technology, green energy, safety and innovation. We also want to add strength to trade and cultural ties,” PM Modi said.
The proposed trade deal is expected to build on the £42 billion bilateral trading relationship recorded in the 12 months to June 2024, with UK exports to India valued at £16.6 billion.
Prime Minister Modi, who had a packed agenda at the G20 summit, also held bilateral talks with leaders from France, Italy, Norway, Portugal and Indonesia. In addition, he addressed the G20 session on “Social Inclusion and the Fight against Hunger and Poverty” where he highlighted India’s success in lifting 250 million people out of poverty and expressed support for Brazil’s initiative to form a global alliance against hunger and poverty.
