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Modi-Boris virtual summit brings 1 billion pounds worth of deals, Enhanced Trade Partnership

Modi-Boris virtual summit brings 1 billion pounds worth of deals, Enhanced Trade Partnership

India Today
Tuesday, May 04, 2021 04:16:04 AM UTC

The British government has finalised GBP 1 billion worth of trade and investment with India, creating over 6,500 jobs in Britain, ahead of the virtual summit between UK Prime Minister Boris Johnson and PM Narendra Modi on Tuesday.

The British government has finalised GBP 1 billion worth of trade and investment with India, creating over 6,500 jobs in Britain, ahead of the virtual summit between UK Prime Minister Boris Johnson and PM Narendra Modi on Tuesday. The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership (ETP), which the two leaders will formally sign off during their talks. The ETP will set the ambition to double the value of UK-India trade by 2030 and declare a shared intent to begin work towards a comprehensive Free Trade Agreement (FTA).
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