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PM Modi-Boris Johnson Virtual Summit Brings In Deals Worth 1 Billion Pound

PM Modi-Boris Johnson Virtual Summit Brings In Deals Worth 1 Billion Pound

NDTV
Monday, May 03, 2021 10:12:31 PM UTC

The investments confirmed by Downing Street on Monday evening form part of an Enhanced Trade Partnership, which the two leaders will formally sign off during their talks.

The British government has finalised one billion British pound 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 his Indian counterpart Narendra Modi today. 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). "Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer," said Boris Johnson.
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