Page 11 - India Uk

India, UK hold first in-person financial dialogue meeting since 2017

'Scope for augmenting knowledge on CBDC through mutual learning explored'

Will have great FTA with India, negotiations going well: Baroness Verma

United Kingdom House of Lords Member Baroness Verma said the UK and India will have a great Free Trade Agreement (FTA) deal and that the negotiations between the two countries are going well

PM Modi holds talk with Sunak, calls for action against anti-India elements

Prime Minister Narendra Modi on Thursday raised the issue of security of Indian diplomatic establishments in the United Kingdom in a telephonic conversation with his British counterpart Rishi Sunak and called for strong action against anti-India elements, officials said. Modi also sought progress on the return of economic offenders wanted in India, they said. Pro-Khalistan protestors had recently smashed windows at the Indian mission in London and targeted the national flag as well. The two leaders reviewed the progress of a number of bilateral issues, particularly in trade and economic sectors, officials said. During the talks, Sunak reiterated the UK's full support for India's ongoing G20 presidency.

Next round of India-UK free trade agreement talks from April 24

Both sides now continue to thrash out the thorny issues pertaining to the trade pact

FTA negotiations going on with United Kingdom, EU and Canada: Sitharaman

Finance Minister Nirmala Sitharaman while speaking at the Peterson Institute for International Economics (PIIE) on Free Trade Agreements in Washington said that FTAs are being signed much faster

Won't accept differential standards of security: EAM Dr S Jaishankar

Taking a strong view of pro-Khalistan supporters pulling down the Indian tricolour at the Indian High Commission in the United Kingdom, External Affairs Minister S Jaishankar on Friday said India would not accept differential standards of security. He also accused the UK of not meeting the obligation of providing security to the diplomats of the Mission, which is expected of a country where a high commission or a consulate is located. On the flag and the security of the high commission, in this particular case in the UK whenever any country sends an embassy anywhere abroad, it is the obligation of the receiving country to provide security for a diplomat to do his work. "It is the obligation of the receiving country to ensure the embassy or the high commission or the consulate and their premises are respected. These obligations were not met, Jaishankar said at an event organised here by Bengaluru South MP Tejasvi Surya. Replying to a question on the issue of threat to the diplomats

India-UK free trade talks covered 11 policy areas in seventh round

The seventh round of India-UK free trade agreement (FTA) talks concluded following technical discussions across 11 policy areas over 43 separate sessions between negotiators from both sides here last month, the British government has said. In an outcome statement released on Monday, the Department for Business and Trade did not give any further details on the policy areas covered, but confirmed that the eighth round of talks is due to take place in a few weeks' time. On 10 February 2023, the United Kingdom and the Republic of India concluded the seventh round of talks for an India-UK FTA, the outcome statement reads. Technical discussions were held across 11 policy areas over 43 separate sessions. They included detailed draft treaty text discussions in these policy areas. The eighth round of negotiations is due to take place later this Spring, it said. As with previous rounds, last month's session was also conducted in a hybrid fashion, with a number of Indian officials travelling

UK Foreign Secretary in India, to launch scheme for young professionals

He's visiting India to attend the G20 Foreign Ministers' meeting here and to mark a new scheme allowing young Brits and Indians to live and work in each other's countries for up to two years

India, UK finance ministers agree to make further progress on FTA

India and the UK have agreed to make further progress on the ongoing negotiations for a free trade agreement (FTA) and also to swiftly organise the next bilateral Economic and Financial Dialogue soon, the British government said on Saturday. At the conclusion of UK Chancellor Jeremy Hunt's India visit for the G20 Finance Ministers and Central Bank Governors meeting, held under India's 2023 Presidency, the UK's Treasury department said the finance minister held talks with Indian counterpart Nirmala Sitharaman with a focus on deepening bilateral economic and financial ties. At a meeting with Indian Finance Minister Nirmala Sitharaman, both sides agreed to make further progress on the UK-India Free Trade Agreement and deepen bilateral economic and financial ties, the Treasury department said in a statement. They agreed to make swift progress on setting up the next UK-India Economic and Financial Dialogue, it said. Hunt, on his first international visit as UK Chancellor, also met with

India-UK ongoing FTA negotiations won't be hit by BBC row: Govt official

"As per the UK government, BBC is an autonomous organisation and the even UK government is not owning up to it," said the official

UK industry body leads delegation to India to explore FTA opportunities

The Confederation of British Industry (CBI) has sent its first-ever business delegation to India on Monday aimed at unlocking opportunities from the Free Trade Agreement (FTA) being negotiated between London and New Delhi. The industry body, which speaks on behalf of 190,000 UK businesses of all sizes and sectors, began a three-day visit covering Mumbai and New Delhi with some of the biggest names from British and Indian industries including HSBC, ICICI Bank, fintech firm Tide and wine and spirits major Pernod Ricard. The CBI said the delegation will focus on key growth sectors where UK and Indian business can develop profitable partnerships, such as innovation and sustainability. The UK-India relationship is going from strength to strength, so it is fantastic that the CBI is sending its first-ever business delegation to India, said Greg Hands, UK Minister for Trade Policy at the Department for International Trade (DIT). India is on track to become the third largest economy with a

UK hails 'another year of cooperation' with Republic Day wishes to India

The United Kingdom on Thursday expressed its greetings for India's 74th Republic Day with a personal message from the country's foreign minister James Cleverly to his Indian counterpart, Dr S. Jaishankar. UK Foreign Secretary Cleverly took to Twitter to wish his friend and the people of India on the celebration of the day India adopted its Constitution to become a Republic. Happy Republic Day to my friend Dr Jaishankar and the people of India. We look forward to another year of friendship and cooperation! #RepublicDay2023, tweeted Cleverly. The Indian High Commission in London held its customary flag-hoisting ceremony at India House on Thursday morning. The Indian High Commissioner to the UK, Vikram Doraiswami, addressed the diaspora gathering to convey the speech of Indian President Droupadi Murmu. The Indian Constitution is a pretty remarkable document in itself. But also because it created at its get-go an equality of expectation among every citizen of India, regardless of race,

India-UK FTA has hallmarks of being global standard: UK Foreign Secretary

The free trade agreement (FTA) being negotiated between India and the UK has all the hallmarks of being a genuine global standard, British Foreign Secretary James Cleverly said on Wednesday. Addressing the annual India Global Forum (IGF) UK-India Parliamentary Lunch co-hosted by the Indian High Commission, the foreign minister highlighted the partnership between the two countries in the field of climate action and indicated plans to visit India in the coming months during its G20 Presidency. "On trade, we are well into the negotiations of what has all the hallmarks of being a genuine global standard bilateral trade relationship, because we have this wonderful bilateral relationship which I like to think of as unique," said Cleverly. "The similarities enable us to work so easily together, and the differences mean that we don't have that group think which so often hampers innovation India is really pushing at the front edge of green economic development and we are very, very keen to b

Impasse broken to get India FTA talks back on track, says UK trade minister

Britain's trade minister in charge of negotiating a free trade agreement (FTA) with India on Tuesday admitted the talks had hit a "bit of an impasse, which she broke by flying to New Delhi last month. UK Trade Secretary Kemi Badenoch said the deal is now "back on track", in an apparent reference to the Diwali 2022 deadline for the FTA set by former prime minister Boris Johnson being missed last October amid political turmoil in Britain. Addressing Lancaster House in London in a speech laying out her Top five priorities for trade", the minister insisted that she was a problem solver at heart and is confident a "high quality" deal will be struck with India. "Some of you will know I was a software engineer and a systems analyst before I became a politician. That means I'm a problem solver at heart," Badenoch told the business gathering. "So when our Indian trade talks hit a bit of an impasse, I didn't pick up the phone, I got on a plane. That deal's not done yet, but it's back on trac

Won't allow sensitive issues to scuttle India-UK trade talks: Piyush Goyal

"With Canada, while they are also not much of a manufacturing base, we have to go into more details. With the UK, it's a manufacturing country on many products. So we have to do it very carefully"

India FTA can be clinched this year, but no more visa offers: UK minister

The India-UK free trade agreement (FTA) is expected to be clinched this year but it won't involve any boost of free movement visa offers for Indians, British trade minister in charge of the negotiations has said. Kemi Badenoch, who was in New Delhi last month to kick off the sixth round of FTA talks with Commerce and Industry Minister Piyush Goyal, said that former prime minister Boris Johnson's "deal by Diwali" deadline last year was not feasible and had to be changed. In an interview with The Times' recently, the UK Secretary of State for Trade also ruled out any major similarities between the FTA the UK had struck with Australia one of the first post-Brexit trade deals and that with India. "We left the EU (European Union) because we didn't believe in free movement, we didn't think it was working. This is not a deal that's negotiating some kind of free movement with India, Badenoch told the newspaper, with reference to more visa offers. The minister indicated a willingness to m

India, UK to launch Young Professionals Scheme on February 28: MEA

Foreign Secretary Vinay Mohan Kwatra led the Indian delegation while the British side was helmed by Philip Barton, Permanent Under-Secretary, Foreign, Commonwealth & Development Office

India, UK to launch Young Professionals Scheme on February 28, says MEA

The MEA statement said that India and the UK share a Comprehensive Strategic Partnership, with the adoption of Roadmap 2030 for Future Relations

15th India-UK FOC: Foreign Secy Kwatra holds talks with Britain's Barton

Both sides discussed issues like trade and economic cooperation, defence and security, science and technology, people-to-people relationship, health and climate change

15th India-UK FOC: Foreign Secy Kwatra holds talks with Britain's Barton

Both sides discussed issues like trade and economic cooperation, defence and security, science and technology, people-to-people relationship, health and climate change