British Prime Minister Keir Starmer begins a two-day visit to India on Wednesday, joined by more than a hundred leaders from the business, culture and university sectors in an effort to promote a recently signed trade deal.
Britain and India signed a free trade agreement in July during a visit by Indian Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars, and allow more market access for businesses.
Talks on the trade pact were concluded in May after three years of stop-start negotiations, with both sides hastening efforts to clinch a deal in the shadow of tariff turmoil unleashed by U.S. President Donald Trump.
The deal between the world's fifth- and sixth-largest economies aims to increase bilateral trade by a further £25.5 billion ($34 billion) by 2040.
But the government has said that the projections were a floor, not a ceiling, to the ambition of the deal, and the visit with executives from the likes of oil major BP, engine maker Rolls-Royce, telecom firm BT, was aimed at maximising Britain's biggest post-Brexit trade deal.
"It's not just a piece of paper, it's a launchpad for growth," Starmer said, adding that India was projected to be the third-biggest economy in the world by 2028.
"The opportunities waiting to be seized are unparalleled."
Starmer will hold bilateral talks with Modi on Thursday. Both sides have said they are looking to ratify the deal and bring it into effect within the next year.
Growth is one of Starmer's key priorities as he tries to reverse a slide in the polls, with a November fiscal budget expected to show a tricky fiscal picture.
British Airways, owned by IAG, said it would add a third daily flight from London's Heathrow Airport to Delhi in 2026, while Manchester Airport also said it would add a Delhi route, operated by IndiGo.
The trip also features representatives from drinks maker Diageo and the Scotch Whisky Association, with the UK-India trade deal set to cut whisky tariffs faced by UK firms to 75% from 150%, before reducing them to 40% over the next decade.
The industry has been lobbying the UK government to reduce U.S. tariffs after a deal between the countries did not cover whisky.
The 4th Shusha Global Media Forum will bring together nearly 160 media leaders, experts and officials from 54 countries in Azerbaijan's historic city...
Concerns are growing over a renewed cholera outbreak in Yemen, after years of conflict has left the country's healthcare system struggling to cope....
Qatar is mourning the death of its former ruler, Sheikh Hamad bin Khalifa Al Thani, who has passed away at the age of 74. ...
Concerns are growing over a renewed cholera outbreak in Yemen, after years of conflict has left the country's healthcare system struggling to cope.
Qatar is mourning the death of its former ruler, Sheikh Hamad bin Khalifa Al Thani, who has passed away at the age of 74.
The U.S. has launched fresh strikes on Iran after Tehran targeted a container ship and said it had again closed the Strait of Hormuz. Iran also claimed to have expanded attacks on U.S. military facilities across the Gulf.
Two men were killed and six other people were injured in a shooting at Toronto's Salsa on St. Clair festival on Saturday night, police said.
U.S. President Donald Trump said Washington has agreed to resume talks with Iran after Tehran requested further negotiations, but declared that last month's ceasefire between the two countries was "over".
What began as a fan-created chant just months ago has become one of the defining images of this year's FIFA World Cup, with Norway's "Viking Row" sweeping through stadiums, city streets and social media.
Iran's Supreme Leader, Mojtaba Khamenei, has promised to avenge the killing of his father, while U.S. President Donald Trump said Tehran and Washington had agreed to continue talks despite an escalation of hostilities this week.
The 4th Shusha Global Media Forum will bring together nearly 160 media leaders, experts and officials from 54 countries in Azerbaijan's historic city of Shusha on 13-14 July, to discuss journalism’s role in peacebuilding, restoring public trust and tackling challenges.
The U.S. has launched fresh strikes on Iran after Tehran targeted a container ship and said it had again closed the Strait of Hormuz. Iran also claimed to have expanded attacks on U.S. military facilities across the Gulf.
The 4th Shusha Global Media Forum will bring together nearly 160 media leaders, experts and officials from 54 countries in Azerbaijan's historic city of Shusha on 13-14 July, to discuss journalism’s role in peacebuilding, restoring public trust and tackling challenges.
Two men were killed and six other people were injured in a shooting at Toronto's Salsa on St. Clair festival on Saturday night, police said.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 12 July, covering the latest developments you need to know.
U.S. Senator Lindsey Graham, one of President Donald Trump’s most prominent allies in Congress, has died following a brief and sudden illness. He was 71-years-old.
Five major carmakers have largely won the first stage of a major legal battle at a High Court case brought by around 1.6 million claimants in the UK over allegations that their diesel vehicles were fitted with unlawful "defeat devices" that led to higher emissions.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment