Indian and UK leaders are actively negotiating a Free Trade Agreement (FTA), termed as an “enhanced trade partnership.” The focus is on finding common ground for both nations in this agreement. The goal is to boost bilateral trade, with discussions ongoing to address key issues. The External Affairs Minister, S. Jaishankar, emphasized the importance of reaching a mutually beneficial “landing point” for the FTA.
India and the UK have been in talks for a free trade agreement since January 2022, aiming to boost their bilateral trade, currently valued at GBP 36 million. After 14 rounds of negotiations, 21 out of 24 chapters have been agreed upon. However, some disagreements still need resolution before finalizing the deal. Both sides are striving to find a solution that works for both nations. External Affairs Minister Jaishankar highlighted the discussions’ broader focus, including connectivity, defense, security, health, and addressing climate change under the Agenda 2030.
India’s External Affairs Minister, S. Jaishankar, has been on a five-day visit to the UK, aiming to strengthen the friendly ties between the two nations. During his visit, he met with key figures such as David Cameron, Grant Shapps, and James Cleverly. Jaishankar emphasized the positive commitment and support received, especially from Cameron.
The discussions delved into addressing global challenges arising from the concentration of production in specific regions due to globalization over the past 30 years. Jaishankar highlighted the need to find solutions, emphasizing the importance of taking the India-UK relationship to a higher level
He underscored the global significance of a stronger India-UK relationship and how it can contribute to advancements in technology, manufacturing, science, and innovation. The minister expressed optimism about the potential for collaboration between India and the UK in overcoming contemporary challenges.
Jaishankar’s visit is expected to give momentum to the existing friendly ties and pave the way for enhanced cooperation between India and the UK.
WRITTEN BY :- MALLA GREESHMA , COLLEGE :- SRI PADMAVATI MAHILA VISWAVIDYALAYAM , A ,9TH SEMESTER LEGAL JOURNALISM INTERN AT LEGAL VIDHIYA
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