The India and the United Kingdom signed a milestone agreement entitled “Free Trade Agreement” in the presence of Prime Minister Narendra Modi and British Prime Minister Keir Starmer. The agreement is expected to double the bilateral trade from the current $ 60 billion to $ 120 billion by 2030.
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.
After the formal signature of the PM Modi trade agreement, he stated that he was pleased that both nations had signed a comprehensive economic and trade agreement after several years of hard work.
Here are the best quotes from the PM note in London:
1-Today there is a historical day in our relationships. I am pleased that after hard work for several years our two nations have signed a comprehensive economic and trade agreement.
“Not just the economic agreement”
-This agreement is not only an economic agreement, but also a plan for shared prosperity. On the one hand, Indian textiles, shoes, gems and jewelry, seafood and utilities in the UK will be better access to the market.
2-This agreement will benefit especially in Indian youth, farmers, fishermen and MSME sector. On the other hand, for people in India and industry, products produced in the UK, such as medical devices, will be available at reasonable and available prices.
-On the opportunity will be created on the British market for the Indian agricultural and processed food industry.
Fight terrorism
3-We are united in our opinion that there is no room for double standards in the fight against terrorism.
4-We also agree that forces with extremist ideologies cannot be allowed to abuse democratic freedoms.
5-Those who abuse democratic freedoms to undermine democracy themselves must be considered to be answered.
6-Our security agencies will continue to increase cooperation and coordination in matters such as the publication of economic perpetrators.
There is no expansionism
7-The demand of today’s era is not expansionism, but development.
-The growth of sovereignty and territorial integrity of all countries is essential.
8-We continued sharing views on peace and stability in Indo-Pacific, conflict of Ukraine and the situation in West Asia.
Today there is a historical day in our relationships. I am pleased that after hard work for several years our two nations have signed a comprehensive economic and trade agreement.
Air India’s Flying Crash
9-There were also many British nationals among people who died last month in an accident in Ahmedabad. We express their condolences to their families. People of Indian origin who live in the UK act as a living bridge in our relationships.
10-Not only brought Curry from India, but also creativity, determination and character. Their contribution is not limited to the British economy, but is also reflected in culture, sport and public service to the United Kingdom.
(Tagstotranslate) India UK Trade Deal (T) PM Modi Speech