Key Points

PM Modi met UK Prime Minister Keir Starmer to strengthen economic ties ahead of a major trade deal signing. The FTA is projected to boost the UK economy by billions while creating thousands of jobs. Discussions covered trade, innovation, and defense under the India-UK Comprehensive Strategic Partnership. Modi also plans to meet King Charles III during his official visit.

Key Points: Modi Meets UK PM Starmer Ahead of Key India FTA Deal Signing

  • Modi and Starmer review Comprehensive Strategic Partnership progress
  • FTA expected to grow UK economy by £4.8B annually
  • Deal includes £6B investment creating 2,200 UK jobs
  • Modi to meet King Charles III during UK visit
3 min read

PM Modi meets Keir Starmer ahead of key FTA deal signing

PM Modi and UK leader Keir Starmer discuss bilateral ties and £6B trade deal ahead of FTA signing, boosting jobs and economic growth.

"Our new deal is a win for British businesses – slashing tariffs and boosting exports in everything from soft drinks to whisky. – Keir Starmer"

London, July 24

Prime Minister Narendra Modi on Thursday called on Keir Starmer at the Chequers Estate - the countryside retreat of the Prime Minister of the United Kingdom - as he began official engagements on his fourth visit to the country.

Prime Minister Modi will hold wide ranging discussions with Starmer on the entire gamut of India-UK bilateral relations and also exchange views on issues of regional and global importance.

Later in the day, he will also call on King Charles III.

During the discussions, the two sides will also review the progress of the Comprehensive Strategic Partnership (CSP) with a specific focus on trade and economy, technology and innovation, defence and security, climate, health, education and people-to-people ties.

Just before meeting PM Modi, the British Prime Minister announced that the signing of the Free Trade Agreement with India on Thursday will create new jobs and boost growth and wages in the United Kingdom by billions.

"Our new deal is a win for British businesses – slashing tariffs and boosting exports in everything from soft drinks and cosmetics to gin and whisky. It’s a win for British shoppers – bringing down prices and creating greater choice in Indian goods, such as clothes, shoes and food. And it's a win for British communities – spreading huge benefits to nations and regions across the UK, from Scotland to the West Midlands and the North-East," said Starmer.

"So, when I welcome Narendra Modi, the Indian Prime Minister, to the UK today – I know we're delivering a deal that's good for Britain and good for working people across the UK," he added.

Citing latest analysis, Starmer emphasised that the FTA deal with India will deliver benefits for the long-term – by growing the UK economy by around £4.8 billion every year and boosting wages for working people by £2.2 billion.

"India is one of the fastest growing economies in the world. So, this really matters. As an early taster of the opportunities on offer, today we are announcing nearly £6 billion in investment and exports wins between India and the UK, creating over 2,200 jobs for British workers," he asserted.

In his departure statement, PM Modi had highlighted that India and UK share a Comprehensive Strategic Partnership that has witnessed significant progress in recent years.

"Our collaboration spans a wide range of sectors, including trade, investment, technology, innovation, defence, education, research, sustainability, health and people-to-people ties. During my meeting with Prime Minister Rt Hon Sir Keir Starmer, we will have the opportunity to further enhance our economic partnership, aimed at fostering prosperity, growth and jobs creation in both countries. I also look forward to calling on His Majesty King Charles III during the visit," Prime Minister Modi said on Wednesday.

- IANS

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Reader Comments

P
Priyanka N
While the economic benefits are good, I hope PM Modi also discusses human rights concerns and the recent visa restrictions affecting Indian students. Trade shouldn't be the only agenda.
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Aditya G
Scotch whisky tariffs being reduced means cheaper drinks for us! 😄 But seriously, this deal will help balance our trade deficit with UK. Good diplomatic work by our PM.
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Sarah B
As an expat in London, I'm thrilled to see stronger India-UK ties. The £6 billion investment will create great opportunities for both nations. Hope this leads to easier work visas for skilled Indians too!
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Karthik V
The technology transfer aspects interest me most. If we can get British expertise in renewable energy and AI, it'll accelerate our own tech ecosystem. Make in India gets a global partner!
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Nisha Z
Hope our farmers benefit from this deal. UK supermarkets could be new markets for our agricultural products. But government must ensure quality standards are met without burdening small farmers.

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