Latest news with #bilateralties
CNA
24-07-2025
- Business
- CNA
India and UK hail 'historic day' with signing of landmark free trade agreement
India and the UK have signed a landmark free trade agreement, in what both sides are calling a "historic day" in bilateral ties. The US$6.5-billion deal was officially inked during Indian Prime Minister Narendra Modi's two-day official visit to Britain. The pact was sealed after more than three years of negotiations, with both sides rushing to get it done in the wake of US President Donald Trump's tariff policy. British Prime Minister Keir Starmer has hailed the deal as a powerful message showing that the UK is open for business. It also marks India's first major free trade pact outside Asia. Ishan Garg reports from New Delhi and Stuart Smith reports from London.
Arab News
23-07-2025
- Politics
- Arab News
Saudi foreign minister receives written message from Russian counterpart
RIYADH: Saudi Deputy Foreign Minister Waleed Al-Khuraiji received a written message on behalf of Foreign Minister Prince Faisal bin Farhan from his Russian counterpart, Sergey Lavrov, addressing strengthening ties between Riyadh and Moscow. Russian Ambassador to Saudi Arabia Sergey Kozlov delivered to Al-Khuraiji the written message, which discussed ways to strengthen ties in various fields, at the ministry's headquarters on Wednesday. During the meeting, Al-Khuraiji and Kozlov reviewed bilateral relations and discussed topics of common interest between the two countries.
Times of Oman
23-07-2025
- Business
- Times of Oman
"Look forward to my talks with PM Keir Starmer and King Charles III": PM Modi
New Delhi : Prime Minister Narendra Modi on Wednesday embarked on a visit to the United Kingdom, aiming to strengthen bilateral ties between the two nations. He said that India's ties with the UK have gained "significant momentum" in recent years under the Comprehensive Strategic Partnership between the two countries. "Leaving for the UK, a country with which our Comprehensive Strategic Partnership has achieved significant momentum in the last few years. I look forward to my talks with PM Keir Starmer and my meeting with His Majesty King Charles III," Modi said in a post on X after his departure. The visit to the UK from July 23-24 is aimed at boosting bilateral ties, with the signing of the much-awaited India-UK Free Trade Agreement (FTA) as a key highlight. India and UK share a Comprehensive Strategic Partnership that has witnessed significant progress in recent years. Our collaboration spans a wide range of sectors, including trade, investment, technology, innovation, defence, education, research, sustainability, health and people-to-people ties. The two countries are expected to sign a free trade agreement, potentially doubling bilateral trade by 2030 from the current $60 billion. "During my meeting with Prime Minister Rt Hon Sir Keir Starmer, we will have the opportunity to further enhance our economic partnership, aimed at fostering prosperity, growth and jobs creation in both countries. I also look forward to calling on His Majesty King Charles III during the visit," said PM Modi in his departure statement. The India-UK FTA, has been under negotiation for three years. This agreement is expected to eliminate tariffs on 99% of Indian exports to the UK and reduce tariffs on 90% of British FTA is projected to double bilateral trade by 2030, from the current USD 60 billion mark. It will also make it easier for British firms to export products like whisky and cars to to the MEA, PM Modi will hold wide-ranging discussions with his UK counterpart, Keir Starmer, on the entire gamut of India-UK bilateral relations. They will also exchange views on issues of regional and global the years, the India-UK historical ties, have transformed into a robust, multi-faceted, mutually beneficial relationship. PM Modi is likely to raise the issue of Khalistani extremists in the UK, who have been a concern for India. The UK government has assured India that it will take necessary actions to address this issue. Foreign Secretary Vikram Misri said that the issue of Khalistani extremists and related groups is a matter of concern for India, and it has been brought to the attention of partners in the United Kingdom. The two countries will also review progress in areas like climate action, healthcare, education, and people-to-people connections. With an Indian diaspora that forms about 2.7 per cent of the total population of UK, it acts as the living bridge which forms a key pillar of growth and development of India -UK relations through their valuable contribution to the British society and economy as well as promoting bilateral cultural and economic cooperation and bonds of friendship between peoples of our two countries. After the UK visit, PM Modi will travel to the Maldives from July 25-26. He will attend the 60th-anniversary celebrations of Maldives' independence and will meet with President Mohamed Muizzu to advance their joint vision of a Comprehensive Economic and Maritime Security Partnership. "I will thereafter travel to the Maldives at the invitation of the President H.E. Dr. Mohamed Muizzu to join the celebrations marking the 60th anniversary of the Independence of Maldives. This year also marks the 60th anniversary of the establishment of diplomatic relations between our two countries. I look forward to my meetings with President Muizzu and other political leadership, to advance our joint vision of a Comprehensive Economic and Maritime Security Partnership, and to strengthen our cooperation for peace, prosperity and stability in the Indian Ocean Region," Said PM Modi in his departure statement. The visit is expected to advance India's Neighbourhood First Policy, prioritizing cooperation with neighboring countries. "I am confident that the visit will yield tangible outcomes, benefiting our people and advancing our Neighbourhood First Policy," added PM Modi.
Zawya
23-07-2025
- Business
- Zawya
Saudi Arabia and Syria to hold investment forum in Damascus to boost cooperation
RIYADH — Saudi Arabia is moving forward with plans to deepen its bilateral ties with Syria through the launch of the Syrian-Saudi Investment Forum 2025, the Ministry of Investment announced on Tuesday. The initiative reflects the Kingdom's continued commitment to supporting Syria and contributing to its stability and prosperity. The forum aims to build on the historic ties and shared heritage between the two nations and strengthen economic cooperation in line with Saudi Arabia's strategic vision of regional integration and mutual benefit. Acting on the directives of Crown Prince Mohammed bin Salman, the Ministry of Investment has launched efforts to activate the role of the private sector in both countries by facilitating cross-border partnerships. These efforts include organizing the investment forum and a series of business workshops designed to foster collaboration. As part of the forum preparations, the ministry — in cooperation with the Federation of Saudi Chambers — is coordinating a delegation visit to Damascus, featuring prominent Saudi companies from various sectors. The visit will involve meetings with Syrian public and private sector representatives to discuss potential investment opportunities and remove barriers to business development. The forum will also feature the signing of memorandums of understanding, joint venture agreements, and other investment deals. It is expected to create new avenues for cooperation, particularly in infrastructure, manufacturing, agriculture, and technology. Saudi companies interested in participating are encouraged to reach out via the dedicated email: [email protected]. The ministry has requested that interested parties include a brief overview of their company, sector, and planned activities in Syria. © Copyright 2022 The Saudi Gazette. All Rights Reserved. Provided by SyndiGate Media Inc. (
Zawya
22-07-2025
- Business
- Zawya
Seychelles and Bangladesh reaffirm commitment to strengthen bilateral cooperation
On Monday 21st July 2025, the High Commissioner-designate of the People's Republic of Bangladesh to the Republic of Seychelles, H.E. Mr. Zokey Ahad, paid a courtesy call on the Minister for Foreign Affairs and Tourism, Mr. Sylvestre Radegonde, at Maison Quéau de Quinssy, ahead of his official accreditation ceremony scheduled for tomorrow. Discussions centered around the conclusion of six Memoranda of Understanding (MOU), including one focused on the Blue Economy, a key sector which will be mutually beneficial for both countries. The meeting also served as an opportunity for the two parties to reaffirm their commitment to strengthening bilateral ties and to explore new avenues for cooperation in areas such as tourism, agriculture, trade, investment, and education. Due to the size of the Bangladeshi community in Seychelles, both sides recognized the importance of appointing an Honorary Consul for Bangladesh in Seychelles to better serve and support the growing Bangladeshi community. Distributed by APO Group on behalf of Ministry of Foreign Affairs and Tourism, Republic of Seychelles. Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an 'as is' and 'as available' basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
