BUSINESS NEWS

Britain’s trade minister excited over relations with India – britain’s trade minister excited about relations with india

Written by admin

Britain’s trade minister excited over relations with India – britain’s trade minister excited about relations with india

London, May 4 (PTI) Britain’s Trade Minister Liz Truss said on Tuesday that the trade and investment agreement of one billion British pounds with India is really just a small gesture towards achieving the big goals and in the true sense right now Very meaningful things have to happen between the two countries.

UK Prime Minister Boris Johnson has announced a billion-pound UK-India trade and investment ahead of an ‘online’ summit between India’s Prime Minister Narendra Modi.

According to a statement from the UK Prime Minister’s Office, this trade and investment will generate more than 6,500 jobs in the UK.

Truss told the BBC that these jobs would be created in a year or two.

He said that these commitments are very different from the Free Trade Agreement. The two countries will begin negotiations on the Free Trade Agreement this year. Negotiations include reducing fee barriers and new agreements on digital and data.

Truss said that the announcement of 6,500 jobs is really just a small gesture of achieving bigger goals.

The annual trade between the two countries is around 23 billion pounds which is targeted to be doubled by 2030.

#Britains #trade #minister #excited #relations #India #britains #trade #minister #excited #relations #india

About the author

admin

Leave a Comment