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Looking forward to tangible outcomes of our shared vision: Piyush Goyal in UK

IANS April 30, 2025 262 views

Union Commerce Minister Piyush Goyal is currently in London advancing India-UK economic relations through strategic meetings and business roundtables. His diplomatic mission focuses on strengthening bilateral trade ties and exploring new investment opportunities. Goyal has already met with key UK trade officials, including David Lammy and J. Reynolds, to progress Free Trade Agreement negotiations. The minister remains optimistic about future collaborative outcomes between the two nations.

"Looking forward to tangible outcomes of our shared vision" - Piyush Goyal, Union Commerce Minister"
New Delhi, April 30: Union Commerce and Industry Minister Piyush Goyal has said there is bright future ahead for the India-UK partnership, and he looks forward to tangible outcomes of their shared vision.

Key Points

1

Discussing Free Trade Agreement with 26 comprehensive chapters

2

Meeting key UK trade officials to boost economic collaboration

3

Highlighting investment opportunities between India and UK

The Commerce Minister is on a five-day visit to London, Oslo and Brussels this week, for strengthening India's trade and investment relations with the UK, Norway and the European Union.

"Wonderful to be joined by @DavidLammy, Secretary of State for @FCDOGovUK at the joint India-UK business reception held at Lancaster House," the minister posted on X social media platform.

"Addressed the gathering along with UK Secretary of State for Business and Trade @JReynoldsMP and spoke about the bright future ahead for the India-UK partnership," he further stated.

Goyal said he is immensely grateful for the warm and gracious hospitality extended by our UK partners.

"Looking forward to tangible outcomes of our shared vision," said the Union Minister.

Earlier, the minister highlighted opportunities for further investments to strengthen India-UK bilateral economic ties at a roundtable of businessmen and CEOs of the two countries.

"Addressed the India-UK Business Roundtable, bringing together prominent business leaders and CEOs from both countries. Highlighted opportunities to strengthen economic ties, drive innovation-led growth, and expand investment avenues between India and the UK," the minister said in a post on X.

Goyal also held a meeting with the UK Secretary of State for Business and Trade, J. Reynolds, to advance Free Trade Agreement (FTA) negotiations between India and the UK. The Indian minister termed the meeting with his British counterpart "as productive" and part of the commitment to deepen the India-UK economic ties.

India and the UK are looking to conclude talks for the proposed FTA sooner, as international trade is expected to face challenges due to steeper tariffs from the US. There are 26 chapters in the agreement, which include goods, services, investments, and intellectual property rights.

Reader Comments

A
Arjun P.
This is excellent news! UK has been a traditional partner and FTA will take our relationship to new heights. Hope we get better access for Indian professionals and easier visa norms as part of the deal. 🇮🇳🤝🇬🇧
P
Priya M.
While I appreciate the efforts, I hope our negotiators don't compromise on India's interests just to conclude the deal quickly. We've seen how some FTAs in past haven't always worked in our favor. Need balanced outcomes!
R
Rahul K.
UK needs India more than we need them post-Brexit. Our growing market and skilled workforce are valuable assets. Hope Goyal ji negotiates from position of strength. Make in India should be priority in any agreement.
S
Sunita T.
Good to see focus on innovation-led growth. Indian startups can benefit tremendously from UK partnerships. But we must ensure our IP rights are protected properly in any agreement. Jai Hind!
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Vikram S.
The UK has been dragging its feet on FTA for too long. Hope this visit brings concrete results. Our pharma and textile industries stand to gain a lot if tariffs are reduced. Time for action, not just talks!
N
Neha R.
As someone working in IT sector, I'm excited about potential opportunities this partnership can create. But UK must address concerns about Indian professionals facing discrimination in work visas. Equal treatment is must!

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