PM Modi Engages in Talks with UK's Rishi Sunak for Expedited Free Trade Agreement

Prime Minister Narendra Modi engaged in discussions with his UK counterpart, Prime Minister Rishi Sunak, emphasizing the importance of expediting the Free Trade Agreement (FTA) between the two nations. The leaders underscored the mutual benefits anticipated from the agreement and expressed satisfaction with the ongoing negotiations.

India-UK FTA Commitment to Bilateral Partnership:

During a telephonic conversation, Prime Ministers Modi and Sunak reaffirmed their commitment to enhancing the strategic partnership between India and the UK. Both leaders acknowledged the progress made in bilateral relations and reiterated their dedication to fostering a robust and comprehensive agreement that benefits both nations.

Focus on Mutual Benefits:

Prime Minister Sunak and PM Modi emphasized the significance of securing a historic and comprehensive deal that enhances bilateral trade, currently valued at GBP 36 billion annually. The leaders underscored the importance of an ambitious outcome that encompasses goods and services to maximize mutual gains.

Optimism for Early Conclusion:

PM Modi expressed optimism regarding the early conclusion of the Free Trade Agreement in a social media post following the discussion with PM Sunak. The leaders are maintaining close contact to facilitate further progress in the negotiations, currently in the 14th round, demonstrating their commitment to achieving a mutually beneficial outcome.

Thrive in Partnership:

Downing Street highlighted the thriving partnership between the UK and India, with recent advancements in FTA negotiations being a focal point of discussion. Both nations acknowledged the significance of securing a comprehensive deal and expressed optimism about the future progress of trade talks.

Progress Under 'Roadmap 2030:

A statement from New Delhi highlighted the satisfaction of both leaders regarding the progress made under the 'Roadmap 2030' initiative. Progress across various sectors, including trade, investment, defence, security, and emerging technologies, was noted, showcasing the depth of the bilateral relationship.

Looking Ahead:

Prime Ministers Modi and Sunak discussed regional and global developments of mutual interest, reaffirming their commitment to stay in touch. Additionally, they exchanged advance greetings for the upcoming festival of Holi, reflecting the warmth and camaraderie shared between the two nations.

In conclusion, the engagement between Prime Minister Narendra Modi and UK Prime Minister Rishi Sunak marks a significant step forward in strengthening the bilateral ties between India and the UK. The commitment demonstrated by both leaders towards expediting the Free Trade Agreement reflects their shared vision for enhancing economic cooperation and fostering mutual prosperity.

The discussions underscored the importance of securing a comprehensive deal that maximizes the mutual benefits for both nations, with a focus on bolstering trade relations across various sectors. The optimism expressed by PM Modi regarding the early conclusion of the FTA, coupled with the ongoing negotiations in the 14th round, instills confidence in achieving a favorable outcome.

Moreover, the satisfaction expressed by both leaders regarding the progress made under the 'Roadmap 2030' initiative highlights the depth and breadth of the bilateral relationship, encompassing not only trade and investment but also defence, security, and emerging technologies.

As India and the UK continue to navigate the complexities of global dynamics, the commitment to staying connected and addressing regional and global challenges together reaffirms the enduring partnership between the two nations. With mutual respect, understanding, and cooperation, India and the UK are poised to chart a path of shared prosperity and progress in the years to come.