India-UK approved roadmap 2030 for comprehensive strategic partnership in relations

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India and Britain on Tuesday approved the ambitious roadmap 2030 to move the two countries’ relationship towards a broader strategic partnership. At the same time, the two countries announced the commencement of negotiations for a Comprehensive and Balanced Free Trade Agreement (FTA), including consideration of the Interim Trade Agreement, with an aim to gain initial conclusions to take full advantage of the opportunities and capabilities. The decision was taken by Prime Minister Narendra Modi and his British counterpart Boris Johnson during the summit organized by digital means.

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Nine agreements were also signed during the conference to initiate new Indo-UK global innovation partnerships, migration and migration, digital and technology, telecommunications, energy and medicine. Also, it was agreed to increase cooperation in the field of renewable energy. Modi and Johnson strongly condemned all forms of terrorism, including encouraging, supporting or funding and sheltering it. “The two leaders agreed to continue to cooperate on counter terrorism and sharing information and intelligence related to terrorism and sharing experiences on growing cases of extremism and extremism,” a joint statement issued on the talks said.

A statement issued by the Ministry of External Affairs said that the two leaders also agreed to enhance partnership in the field of Kovid-19 vaccine, treatment and diagnosis. Apart from this, the two leaders also emphasized on joint research including cooperation in nasal vaccines, regulatory and clinical trials. The announcement by both sides to initiate commercial partnerships was termed by the Ministry of External Affairs as “another precious declaration”. A statement issued from Johnson’s office said that the Prime Minister’s announcement of one billion pounds of new trade and investment between India and Britain would create more than 6,500 jobs in the UK.

The package includes new Indian investment of £ 53.3 million in the UK. This is estimated to create more than 6,000 jobs in key sectors such as health and technology. According to the statement, this includes an investment of £ 24 million from the Serum Institute. The investment will be made in the vaccine business and new sales office in the UK. This is expected to generate more than one billion dollars of new business. The Ministry of External Affairs of India claimed that the summit has opened a new chapter between India and the UK and said that this roadmap is a link between the two countries at the level of people, trade and economy, defense and security, climate and health Such as will pave the way for deeper relations and stronger exchanges for the next 10 years in key areas. The statement said another major announcement reflected increased trade partnership between the two countries.

Asked if there was any discussion between the two leaders regarding the extradition of fugitives like Vijay Mallya and Nirav Modi, Sandeep Chakraborty, Joint Secretary for Europe Affairs at the Ministry of External Affairs said that extradition of economic fugitives was also discussed. He said that during the meeting, Modi said that the economic fugitives should be sent to India as soon as possible for hearing. Regarding the outcome of the meeting, Chakraborty said that although it was a digital summit, the talks have set new heights and in many ways it has opened a new chapter between the two countries. He said that the two sides agreed to strengthen cooperation on issues of maritime security, counter-terrorism and defense and security, including cyberspace. Also, co-production and co-development of defense equipment were also discussed during this period.

The two leaders also discussed the latest status of Kovid-19 as well as ongoing cooperation in the fight against the epidemic and successful partnership with the vaccine. On this occasion, Prime Minister Modi thanked Johnson for promptly providing medical aid to India in the wake of the second wave of Corona, while the British Prime Minister has provided support to the UK and other countries through the supply of medicines and vaccines during the last year. India’s role was appreciated. The two leaders launched commercial partnerships to enhance trade capabilities between countries with the world’s fifth and sixth largest economies, and set an ambitious target of doubling bilateral trade by 2030.

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India-UK approved roadmap 2030 for comprehensive strategic partnership in relations
India-UK approved roadmap 2030 for comprehensive strategic partnership in relations

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