UK-India Trade Talks Resume with Strategic Focus
UK-India Trade Talks Resume with Strategic Focus

UK-India Trade Talks Resume with Strategic Focus

News summary

UK Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi announced the relaunch of trade negotiations between the UK and India in the new year, following their meeting at the G20 Summit in Brazil. The renewed discussions will aim to form a new strategic partnership, encompassing trade, security, education, technology, and climate change. Bilateral trade between the two countries is valued at £42 billion, with the UK viewing India as a vital trading partner. The negotiations, which began in 2022, have been stalled due to political changes and elections in both nations. The discussions will address key issues such as visa rules for Indian professionals and lowering Indian tariffs to facilitate British exports. Both leaders expressed optimism that a mutually beneficial Free Trade Agreement can be achieved, supporting economic growth and job creation in the UK.

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