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Prime Minister Narendra Modi and UK Prime Minister Keir Starmer held their first bilateral talks on Monday at the G20 Summit in Rio de Janeiro, Brazil. The two agreed to strengthening the UK-India ties, with a focus on areas such as technology, green energy, security, and innovation. An important topic that was raised during the talks was the issue of Indian economic offenders residing in the UK, which the Prime Ministers acknowledged as a concern.
"Had an extremely productive meeting with Prime Minister Keir Starmer in Rio de Janeiro. For India, the Comprehensive Strategic Partnership with the UK is of immense priority. In the coming years, we are eager to work closely in areas such as technology, green energy, security, innovation, and trade.
We also want to strengthen cultural linkages," PM Modi said in a post on X. — narendramodi (@narendramodi) Web Development Advanced C++ Mastery: OOPs and Template Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science SQL for Data Science along with Data Analytics and Data Visualization By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Mastering Full Stack Development: From Frontend to Backend Excellence By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Advanced Java Mastery: Object-Oriented Programming Techniques By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Advanced Excel Course - Financial Calculations & Excel Made Easy By - Anirudh Saraf, Founder- Saraf A & Associates, Chartered Accountant View Program Strategy ESG and Business Sustainability Strategy By - Vipul Arora, Partner, ESG & Climate Solutions at Sattva Consulting Author I Speaker I Thought Leader View Program Artificial Intelligence(AI) AI and Analytics based Business Strategy By - Tanusree De, Managing Director- Accenture Technology Lead, Trustworthy AI Center of Excellence: ATCI View Program Marketing Digital Marketing Masterclass by Neil Patel By - Neil Patel, Co-Founder and Author at Neil Patel Digital Digital Marketing Guru View Program Artificial Intelligence(AI) Master in Python Language Quickly Using the ChatGPT Open AI By - Metla Sudha Sekhar, IT Specialist and Developer View Program Office Productivity Mastering Microsoft Office: Word, Excel, PowerPoint, and 365 By - Metla Sudha Sekhar, IT Specialist and Developer View Program Finance Crypto & NFT Mastery: From Basics to Advanced By - CA Raj K Agrawal, Chartered Accountant View Program Office Productivity Microsoft Word Mastery: From Beginner to Expert By - CA Raj K Agrawal, Chartered Accountant View Program Finance Financial Literacy i.e Lets Crack the Billionaire Code By - CA Rahul Gupta, CA with 10+ years of experience and Accounting Educator View Program Leadership Business Storytelling Masterclass By - Ameen Haque, Founder of Storywallahs View Program Web Development JavaScript Essentials: Unlock AI-Driven Insights with ChatGPT By - Metla Sudha Sekhar, IT Specialist and Developer View Program Data Science MySQL for Beginners: Learn Data Science and Analytics Skills By - Metla Sudha Sekhar, IT Specialist and Developer View Program Marketing Digital marketing - Wordpress Website Development By - Shraddha Somani, Digital Marketing Trainer, Consultant, Strategiest and Subject Matter expert View Program Web Development Java 21 Essentials for Beginners: Build Strong Programming Foundations By - Metla Sudha Sekhar, IT Specialist and Developer View Program Web Development Django & PostgreSQL Mastery: Build Professional Web Applications By - Metla Sudha Sekhar, IT Specialist and Developer View Program Leadership From Idea to Product: A Startup Development Guide By - Dr.
Anu Khanchandani, Startup Coach with more than 25 years of experience View Program A statement from MEA confirmed the leaders' agreement to address the issue of economic offenders from India, with PM Modi specifically noting the importance of tackling this challenge. The India-UK Free Trade Agreement Modi and Starmer are eager to restart talks on a Free Trade Agreement (FTA). Britain and India will restart negotiations on a free trade agreement (FTA), following a months-long hiatus due to elections in both nations.
UK Prime Minister Keir Starmer's office confirmed the development on Monday. According to Starmer’s office, the UK aims to build a "new strategic partnership" with India, focusing on deeper cooperation in key areas such as security, education, technology, and climate change. "A new trade deal with India will support jobs and prosperity in the UK," Starmer said.
Trade between the two nations has been growing steadily, with the total value of trade between India and the UK reaching £42 billion ($53.2 billion) in the 12 months ending June 2023. British exports to India alone were valued at £16.
6 billion during this period. As the world’s fifth- and sixth-largest economies, both countries see the free trade deal as a significant step in further expanding bilateral trade. The negotiations for an FTA had previously been delayed due to the general elections in India and the UK.
However, the talks have not been without challenges. Key sticking points in the past have included India’s steep import duties on British whiskey, which have hindered the free flow of British goods into the Indian market. India, on the other hand, has called for greater access to the UK’s visa system for Indian students and business professionals, a point that remains a subject of ongoing discussion.
Modi at G20 Summit Further, PM Modi announced plans to open two new Indian Consulates General in the UK, in Belfast and Manchester, to better serve the growing Indian diaspora in the country. On the first day of the G20 Summit, PM Modi also met with leaders from several countries, including France, Italy, Norway, Portugal, and Indonesia. During a session focused on social programs, he took the opportunity to speak on India's ongoing efforts to combat poverty and hunger.
Modi expressed support for Brazil's proposal to establish a global alliance aimed at addressing these critical issues. (With inputs from agencies) (You can now subscribe to our Economic Times WhatsApp channel ).
