There can be a big agreement between India and Britain. There has been a phone discussion between Prime Minister Narendra Modi and British PM Rishi Sunak regarding this agreement based on free trade. The talks between the two leaders come at a time when India is hoping to seal a free trade agreement with Britain before the upcoming Lok Sabha elections.
Had a good conversation with Prime Minister Rishi Sunak, PM Modi said in a post on X. We reaffirmed our commitment to further strengthen the bilateral comprehensive strategic partnership and work for the early outcome of a mutually beneficial free trade agreement.
Let us tell you that last week, Britain’s Trade Minister Kami Badenoch had reportedly said that FTA is possible before the elections in India, but she also said that it would be challenging. “In fact we could sign a deal before the Indian elections,” Kemi Badenoch said during a global business conference at Chatham House in London on Thursday. That’s not necessarily the case, because I don’t want to use any election as a deadline. A team of UK negotiators set out to iron out differences during the 14th round of talks on the deal earlier this month in New Delhi. Was in. The 13th round of talks was held on December 15, 2023 with the hope that the 14th round of talks currently underway will lead to a mutually beneficial agreement.
According to a statement issued by the Prime Minister’s Office, they also expressed satisfaction at the progress made under the Roadmap 2030 in various areas, including trade, investment, defence, security, emerging technologies and others. The statement said the two leaders discussed regional issues of mutual interest. and positively assessed the progress made towards the early conclusion of a mutually beneficial Free Trade Agreement while exchanging views on global developments. The two Prime Ministers agreed to remain in touch and expressed good wishes on the occasion of the upcoming Holi festival. The development comes as India on Sunday signed a historic agreement with the four-nation European Free Trade Association (EFTA) in New Delhi to enhance trade and investment flows, employment generation and economic growth in the country. Made a compromise.
