Modi and Starmer commit to accelerate Free Trade Agreement negotiations

Prime Minister Narendra Modi and his British counterpart Keir Starmer engaged in a phone conversation, focusing on advancing the India-UK bilateral relationship, particularly through the prompt finalization of a beneficial Free Trade Agreement (FTA).

FTA negotiations and strategic partnership

Following the Labour Party's decisive victory in the UK elections, Modi congratulated Starmer and expressed India's readiness to swiftly conclude the FTA negotiations. Both leaders affirmed their commitment to strengthening the comprehensive strategic partnership between India and the UK, highlighting areas like defense, technology, and climate change for deeper collaboration.

ALSO READ: India's Defence production reaches record ₹1.27 lakh crore

India and the UK initiated FTA negotiations in January 2022 and have conducted 14 rounds of discussions. While progress has been made on several fronts, negotiations have encountered obstacles related to market access and tariffs, particularly concerning automobiles and alcohol.

During the call, Modi acknowledged the significant contributions of the Indian diaspora to the UK's social, economic, and political fabric. Both leaders agreed to continue promoting close people-to-people ties between the two nations.

Leadership and global challenges

Starmer commended Modi's leadership on global issues such as climate change and economic growth, underscoring their mutual commitment to addressing these challenges collaboratively.

ALSO READ: Rahul Gandhi meets Delhi labourers; Congress hails them as backbone of economy

Modi extended an invitation to Starmer to visit India at an early opportunity to further bolster bilateral relations. They also discussed the importance of the "living bridge" between India and the UK, emphasizing the Roadmap 2030 as a guiding framework for future cooperation across various sectors.

In social media posts following the conversation, Modi expressed satisfaction with the discussion and reiterated India's dedication to deepening economic ties and the comprehensive strategic partnership with the UK. He also thanked outgoing UK Prime Minister Rishi Sunak for his efforts in strengthening India-UK relations during his tenure.

The dialogue between Modi and Starmer signals a renewed commitment to enhancing bilateral ties and leveraging mutual interests for the benefit of both nations and global prosperity.