The Prime Minister of India Shri Narendra Modi and Prime Minister
of the United Kingdom the Rt Hon Sir met on the sidelines of the
G20 Summit in Rio de Janeiro, Brazil in November 2024 to
underline the importance of resuming trade negotiations at an
early date.
Today the Republic of India and the United Kingdom have resumed
negotiations towards a trade deal between our two countries. This
announcement has been made by Minister for Commerce and Industry
of India Shri Piyush Goyal and Secretary of State for the
Department for Business and Trade of the United Kingdom the Rt
Hon in Delhi. This
announcement is an outcome of the above stated discussions held
at the level of Prime Ministers of the two countries.
India and the United Kingdom have a close partnership, built
through collaboration on security and defence, new and emerging
technologies, climate, health, education, research and
innovation, green finance and people-to-people contacts. At the
centre of this relationship is the collective aspiration to
deliver economic growth and sustainable development.
Both sides have agreed to resume negotiations towards a balanced,
mutually beneficial and a forward-looking deal that delivers
mutual growth and builds on the strengths of the two
complementary economies. The strengthening of the trading
relationship between our two countries has the potential to
unlock opportunities for business and consumers across both our
nations and build further on our already deep ties.
The two leaders directed the negotiators to work together to
resolve the outstanding issues in the agreement to ensure a fair
and equitable trade deal for shared success.
