Business

India and UK on the Brink of Signing Historic Free Trade Agreement Amid Global Tensions

Historic Free Trade Agreement Between India and UK Nears Completion

As Prime Minister Narendra Modi prepares for his visit to London, India and the UK are on the verge of signing a landmark Free Trade Agreement (FTA). Foreign secretary Vikram Misri highlighted that the deal is undergoing final touches, including legal scrubbing, signaling a new era of bilateral relations.

India & UK all set to sign free trade pact

Global Issues on the Agenda

Discussions between Modi and UK's Keir Starmer are expected to cover the Russia-Ukraine war and the West's sanctions on Russia, which could also affect India's trade with Moscow. Misri emphasized India's stance against double standards in energy trade, underscoring the importance of a balanced global perspective.

Expanding Cooperation

The leaders are set to explore enhanced cooperation in trade, defence, technology, and education. India also plans to address concerns over Khalistani extremism and the return of economic fugitives, topics Misri believes should concern all Indian partners.

A Visit of Significance

Modi's day-long visit, including meetings with UK business leaders and a personal audience with King Charles III, underscores the importance of the UK-India relationship. The FTA's signing is anticipated to mark a pivotal moment in their shared history.