India-UK business agreement: The Prime Minister Narendra Modi 24 July entitled The Indian Free Trade Agreement (FTA) signed two nations among the historical two nations. The Prime Minister also invited his British counterpart Keir Starmer on a state visit to India.
“Today is a historical day for bilateral relations in India and the UK, because both nations have signed a comprehensive economic and trade agreement (CETA) after many years,” PM Modi said in solving a press conference after signing the London agreement.
PM Modi is on a four -day visit to the UK and Maldives, his fourth visit to Great Britain. Modi also invited his British counterpart to visit India.
The agreement is expected to double the bilateral trade from the current $ 60 billion to $ 120 billion by 2030. PM has expressed gratitude PM Starmer for his warm welcome and said Indian fabrics, shoes, gems and jewelry, seafood and utilities.
The Prime Minister said the Indian agricultural and processed food industry will have new opportunities on the British market.
“The benefits of Indian youth”
“This agreement will benefit Indian youth, farmers, fishermen and MSME sector,” PM Modi said. “On the other hand, for people in India and industry, products made in the UK
The PM Modi Foreign trip coincides with the monsoon meeting of parliament, which began on July 21.
Today is a historical day for bilateral relations in India and the UK, because both nations have signed a comprehensive economic and trade agreement.
In addition to extensive interviews with British Prime Minister Keir Starmer, Modi will also meet King Charles III.
From London, Modi will travel to the Maldives at the invitation of President Muhammad Muizzho in what is considered a breakthrough in the ties between the two countries after the charm of freezing under the music.
(Tagstotranslate) India UK Trade Deal
