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The cabinet minister reaffirmed the British government’s commitment to improve trade between India as the fifth and the United Kingdom as the world’s sixth largest economies.
Secretary of Business and Commerce of the United Kingdom Jonathan Reynolds
The Secretary of State for Business and Commerce of the United Kingdom, Jonathan Reynolds, has revealed that he will visit India next month in an effort to boost the bilateral negotiations of the Free Trade Agreement (FTA) urgently.
Aimed at 7th Annual Parliamentary Lunch of India of the Global Forum (IGF) in the House of Lords as the main guest on Monday, Reynolds said: “I want to reaffirm the United Kingdom’s commitment to offer growth for both countries through the commercial agreement that are. Speaking of the Integral Strategic Association and the Initiative of Technological Security; And I can let you know exclusively, I hear what you say about urgency, [that] I have just been finishing my own visit to India next month to make sure we proceed on that basis. “
The minister’s comments occurred in the context of the United Kingdom Prime Minister Keir Starmer, announcing that the stagnant TLC conversations of the United Kingdom India would relaunch in the early 2025, after their bilateral conversations with Prime Minister Narendra Modi at the G20 summit in November last year.
Referring to that meeting and other high -level recent commitments, Reynolds declared: “India is a priority partner for the United Kingdom, and we want to raise that ambition in all aspects of our relationship, but also take it to new heights.
“That is why in our manifesto, the United Kingdom government committed to our free trade agreement. But that is why we are so energized by the prospects of what that could bring, and the bilateral investment treaty, and what would mean for both countries in the future. “
The Secretary of State for the Department of Business and Commerce (DBT) also welcomed the “absolutely excellent” report launched by the future forum of India of the United Kingdom (UKIFF), the central platform of the United Kingdom India of IGF , focused on emerging and disruptive technologies as sectors that will help boost growth in both countries.
The president and CEO of IGF, Bojoj Ladwa, said: “The world is at a turning point, and the feeling only will not maintain relations in this era of uncertainty. The United Kingdom-India Association must pivot the nostalgia to action, taking advantage of the growing global influence of India and the unmatched experience of the United Kingdom.
“Together, we can lead in critical areas such as energy, technology, medical care and defense. Delays are not an option: the time to act is now. Democracies thrive when democracies work together. “
Co-organized with the high commission of India in the United Kingdom and Lord JITESH GADHIA, the United Kingdom Parliamentary Lunch called 100 leading figures in the world of politics, business, finance and technology during a meal in a meal The House of Lords to take stock of the ties between the two main democracies.
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London, United Kingdom (United Kingdom)