India, UK successfully conclude Free Trade Agreement
New Delhi [India], May 6 (ANI): India and the United Kingdom on Tuesday successfully concluded a landmark Free Trade Agreement (FTA), along with a Double Taxation Avoidance Convention.
Prime Minister Narendra Modi made the announcement about the successful FTA deal. Describing the FTA deal as ambitious and mutually beneficial, PM Modi emphasised that these agreements will significantly strengthen the India-UK Comprehensive Strategic Partnership and boost trade, investment, innovation, and job creation across both economies.
Sharing a post on X, PM Modi said, 'Delighted to speak with my friend PM @Keir_Starmer. In a historic milestone, India and the UK have successfully concluded an ambitious and mutually beneficial Free Trade Agreement, along with a Double Contribution Convention.'
The post added, 'These landmark agreements will further deepen our Comprehensive Strategic Partnership, and catalyse trade, investment, growth, job creation, and innovation in both our economies. I look forward to welcoming PM Starmer to India soon.'
https://x.com/narendramodi/status/1919736905115054505
The Prime Minister's Office in a statement said, 'Shri Narendra Modi and Prime Minister of the United Kingdom Sir Keir Starmer had a telephone conversation today. The two leaders welcomed the successful conclusion of an ambitious and mutually beneficial India-UK Free Trade Agreement along with the Double Contribution Convention.'
'The Leaders described it a historic milestone in the bilateral Comprehensive Strategic Partnership that would foster trade, investment, innovation and job creation in both the economies. Both agreed that the landmark agreements between the two big and open market economies of the world will open new opportunities for businesses, strengthen economic linkages, and deepen people-to-people ties,' the statement added.
PM Starmer said that strengthening alliances and reducing trade barriers with economies around the world is part of their Plan for Change to deliver a stronger and more secure economy.
The two leaders agreed that expanding economic and commercial ties between India and the UK remain a cornerstone of the increasingly robust and multifaceted partnership. The conclusion of a balanced, equitable and ambitious FTA, covering trade in goods and services, is expected to significantly enhance bilateral trade, generate new avenues for employment, raise living standards, and improve the overall well-being of citizens in both countries. It will also unlock new potential for the two nations to jointly develop products and services for global markets. This agreement cements the strong foundations of the India-UK Comprehensive Strategic Partnership, and paves the way for a new era of collaboration and prosperity.
Prime Minister Modi invited Prime Minister Starmer to visit India. The leaders agreed to remain in touch. (ANI)
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Hindustan Times
15 minutes ago
- Hindustan Times
Priyanka Chaturvedi slams Pak's UN role: 'Like making Masood Azhar peace professor'
Shiv Sena (UBT) MP Priyanka Chaturvedi on Saturday slammed the United Nations Security Council for appointing Pakistan as the vice-chair of the anti-terror panel, saying that 52 designated terrorists reside in Pakistan. Priyanka Chaturvedi said India is a tolerant nation but also a land of Krishna, where is fought. 'Pakistan has become a part of the UN Security Council. You all are aware that 52 terrorists reside in Pakistan. But they have been given the vice chairmanship of counter-terrorism,' Chaturvedi said in Berlin, according to ANI. "It is just like saying Masood Azhar to be the professor of global needs to be called out. The whole world is suffering due to this..." she added. 'We are often told that India is a tolerant nation, yes, India is a tolerant nation. We are a land of Mahatma and Buddha, but we are also the land of Krishna. Whenever there is injustice and we have to fight with the terrorists to serve justice, we will do that without any hesitation...' Chaturvedi was quoted as saying by ANI. Also Read | 'Defence may be the wrong word': Shashi Tharoor points at 'China factor' in Pakistan conflict Pakistan, a non-permanent member of the Security Council for the 2025-26 term, will chair the Council's Taliban Sanctions Committee for 2025 and will be vice-chair of the Counter-Terrorism Committee of the 15-nation UN organ. The Shiv Sena (UBT) MP is part of an all-party delegation to Europe to brief key interlocutors about the threat of Pakistan-backed terrorism faced by India and India's strong resolve against terrorism. Also Read | Pakistan handicapped without China's support: Asaduddin Owaisi The delegation arrived in Germany after concluding their visit to Belgium to convey India's resolute and united stand against terrorism. The delegation is led by Ravi Shankar Prasad and includes BJP MPs Daggubati Purandeswari and Samik Bhattacharya, Congress MP Amar Singh and Gulam Ali Khatana, Shiv Sena (UBT) MP Priyanka Chaturvedi, AIADMK MP M Thambidurai, former Union Minister MJ Akbar and former diplomat Pankaj Saran.
United News of India
21 minutes ago
- United News of India
UK FS Lammy calls on PM, strongly condemns Pahalgam attack, backs fight against cross-border terror
New Delhi, June 7 (UNI) UK Foreign Secretary David Lammy today called on Prime Minister Narendra Modi during which he strongly condemned the Pahalgam terror attack and expressed support for India's fight against cross-border terrorism. PM Modi underscored the need for a decisive international action against terrorism and those who support it. PM Modi said in a post on X that India values the UK's support for India's fight against cross-border terrorism. He also appreciated the UK Foreign Secretary's substantive contribution to the remarkable progress in the bilateral Comprehensive Strategic Partnership, which has been strengthened by the recently concluded FTA. 'Pleased to meet UK Foreign Secretary Mr. David Lammy. Appreciate his substantive contribution to the remarkable progress in our Comprehensive Strategic Partnership, further strengthened by the recently concluded FTA. Value UK's support for India's fight against cross-border terrorism.' An official readout of the meeting said: 'David Lammy, Foreign Secretary of the United Kingdom called on Prime Minister Narendra Modi today. 'PM Modi expressed satisfaction at the successful conclusion of the India-UK Free Trade Agreement and Double Contribution Convention and appreciated the constructive engagement by both sides that led to this milestone. 'PM Modi welcomed the growing momentum in bilateral ties and expressed satisfaction at the deepening of the India-UK Comprehensive Strategic Partnership. He welcomed the continued collaboration under the Technology Security Initiative and noted its potential to shape trusted and secure innovation ecosystems. 'FS David Lammy conveyed UK's strong interest in further enhancing cooperation across key sectors including trade and investment, defence and security, technology, innovation, and clean energy. He expressed confidence that the FTA will unlock new economic opportunities for both countries. 'The two leaders exchanged views on regional and global issues. UK Foreign Secretary strongly condemned the Pahalgam terror attack and expressed support for India's fight against cross border terrorism. PM Modi underscored the need for a decisive international action against terrorism and those who support it. 'Prime Minister conveyed his warm greetings to the UK Prime Minister Keir Starmer and reiterated the invitation for his visit to India at the earliest mutual convenience.' The UK Foreign Secretary said in a post on X: 'Thank you Prime Minister @narendramodi for your warm welcome to India. Building on the free trade agreement between our great countries, we will continue working together to deepen our partnership, celebrate our unique living bridge, and deliver growth and security.' Earlier, the UK FS met External Affairs Minister S Jaishankar for delegation level talks. The EAM posted on X: 'Glad to meet UK Foreign Secretary @DavidLammy today in Delhi. 'Appreciate UK's strong condemnation of the terrorist attack on Pahalgam and support in combatting terrorism. 'Our conversation focused on the significant strides being made by the India-UK Comprehensive Strategic Partnership. Agreed that as our collaboration continues to grow, new opportunities emerge. 'Also discussed global and regional issues as also cooperation in multilateral fora.' In his address during the talks, the EAM had thanked the UK government for 'the strong condemnation of the barbaric terrorist attack in Pahalgam in the Union Territory of Jammu & Kashmir and for your solidarity and support to India in the fight against terrorism.' EAM said that India practises 'a policy of zero tolerance against terrorism and expect our partners to understand it, and we will never countenance perpetrators of evil being put at par with its victims'. He termed the recent conclusion of the India-UK FTA and the Double Contribution Convention as 'truly a milestone which will not only propel our two way trade and investment but will have also have a positive effect on other strategic aspects of our bilateral ties, it would also contribute to the strengthening of supply and value chains'. 'Since your last visit to India, there have been significant initiatives which both of us have taken and those initiatives have progressed well. I would single out the Technology Security Initiative (TSI) which will enable deeper collaboration in strategic technology sectors of AI, Semiconductors, Telecom, Quantum, HealthTech/ Bio-Tech, Critical Minerals and Advanced Materials. 'We have also launched the Strategic Exports and Technology Cooperation Dialogue. 'Similarly, the UK-India infrastructure financial bridge can unlock quality long term capital flows from the United Kingdom to India, and that would surely contribute to our infrastructure development.' The UK Foreign Secretary said in a post on X: 'Great to see my friend @drSJaishankar in Delhi today. We are advancing a new era in UK-India relations — boosting trade and technology, tackling the climate crisis and providing greater security for our people.' UNI RN
India.com
21 minutes ago
- India.com
Pak Generals Want Conflict To Remain Relevant: Ravi Shankar In Germany
BJP MP and leader of the all-party delegation Ravi Shankar Prasad on Saturday launched a scathing attack on Pakistan's military establishment for supporting terrorism, saying that its Generals want conflicts to remain relevant and use terrorists as a tool to destabilise India. Addressing a community event with the Indian diaspora in Berlin, Prasad pointed out that while both India and Pakistan were born on the same day, the former has made remarkable progress in IT and space, in contrast to Islamabad. "India and Pakistan were born the same day. Where are we in India, and where are they (Pakistan)? India has become a major global IT power in the world. India has become an emerging space power in the world. The startup movements here are now globally recognised. India has also become the second biggest mobile phone manufacturer in the world. We have brought digital transformation with equity and justice," ANI quoted Prasad as saying. Prasad claimed that Pakistan only knows how to prepare world-class terrorists under its military leadership. He said that wherever there is a terrorist, he is either a Pakistani or trained in Pakistan. "What Pakistan is doing is creating terror machines. How to create world-class terrorists under their (military) Generals. They attacked us four times and lost every time. We never attacked; they were the ones who always started the war. It is because they are under the control of Generals and not political leaders. Generals want conflict to keep themselves relevant, and terrorists are the instruments through which they execute. Wherever there is a terrorist, either he is a Pakistani or trained in Pakistan," he added. Prasad also spoke about the April 22 Pahalgam terror attack and India's decisive response through Operation Sindoor on May 7, noting that Operation Sindoor remains paused but ready to resume based on Pakistan's actions. "Pahalgam attack happened on April 22. We attacked on May 7 and hit the terrorist camps. If Pakistan has to talk, it must directly speak to us. Our message was stern and straight: If you stop, we stop. If you fire, we will give a stronger reply. Operation Sindoor is on pause, subject to the good behaviour of Pakistan. It has not ended," he stated. An all-party delegation, led by Ravi Shankar Prasad, is currently visiting Germany as part of the Indian government's initiative to engage with key partner nations, including members of the United Nations Security Council (UNSC) to convey India's resolute and united stand against terrorism. This initiative follows the tragic April 22 terror attack in Pahalgam, Jammu and Kashmir, where 26 innocent civilians lost their lives to gunfire from terrorists. The Delegation includes BJP MPs Daggubati Purandeswari and Samik Bhattacharya, Congress MP Amar Singh and Gulam Ali Khatana, Shiv Sena (UBT) MP Priyanka Chaturvedi, AIADMK MP M Thambidurai, former Union Minister MJ Akbar and former diplomat Pankaj Saran. The delegation arrived in Germany after concluding their visit to Belgium to convey India's resolute and united stand against terrorism.
