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Exports: UK-India PMs agree to resolve outstanding issues in FTA negotiations

Fiinews by Fiinews
April 15, 2023
in Exports
Reading Time: 1 min read
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British PMO

Prime Minister Rishi Sunak talks on the phone with Narendra Modi, Prime Minister of India from his office in 10 Downing Street. Picture by Simon Dawson / No 10 Downing Street.

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Sunak-Modi reflect on opportunities for British-Indian businesses

Prime Ministers Rishi Sunak and Narendra Modi are directing their teams to expedite ongoing negotiations on a UK-India Free Trade Agreement, especially to resolve outstanding issues and ensure a world-leading deal is concluded for both economies to thrive.

The leaders, who spoke on the phone 13 Apr 2023, reflected on the huge opportunities the FTA deal would offer to Indian and British businesses and consumers.

The leaders reflected on the close friendship between the two countries, and agreed great progress was being made on the 2030 UK-India Roadmap.

Both looked forward to seeing each other at the G7 in Japan next month, as well as at the G20 in India later this year, Downing Street said in a release.

Modi invited Sunak for the G20 Summit to be held in September 2023.

Sunak appreciated the progress made under India’s Presidency of the G20 and reiterated the UK’s full support to India’s initiatives and their success. fiinews.com

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Fiinews.com features through news articles on business opportunities in the Indian market for the benefits of foreigners. It is also a platform for international businesses to showcase through elaborate articles on their products & services to the Indian consumers and corporations exploiting industrialisation of the country.

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