AnyTV News Brazil G20 Summit: Talks on FTA with Britain will start soon -

Image Source : NARENDRA MODI (X)
Keir Starmer and PM Narendra Modi

Rio de Janeiro: Prime Minister Narendra Modi, in his first meeting with his British counterpart Keir Starmer, has announced that India will open two new consulates in the UK, in Belfast and Manchester. The PM also called for the extradition of fugitive Indian businessmen from Britain. After talks held on the sidelines of the G20 summit late on Monday, Stormer said that talks for an India-UK Free Trade Agreement (FTA) would be resumed in the new year. At the same time, the Indian side insisted on the extradition of fugitive Indian businessmen Vijay Mallya and Nirav Modi.

Talks will start in the new year

This was the first meeting between the two leaders since Stormer took over as British Prime Minister from Rishi Sunak in July. On the ambitious trade agreement, the two Prime Ministers expressed hope that a “balanced, mutually beneficial and forward-looking” free trade agreement (FTA) will be finalized while other issues are mutually agreed upon, according to an Indian government statement. Will be resolved from. A statement issued by the British government said that Prime Minister Stormer has announced that Britain-India trade talks will resume in the new year.

Many issues remain to be resolved

In a statement issued by ’10 Downing Street’ (the official residence and office of the British Prime Minister) after the bilateral meeting, Stormer was quoted as saying, “A new trade deal with India will boost jobs and prosperity in the UK and our It will add another step to our mission of providing growth and opportunity in the country.” Negotiations for the proposed FTA began in January 2022 and 14 rounds of talks have taken place between the two sides. However, many controversial issues remain to be resolved.

What did PM Modi say?

In a post on social site ‘X’, PM Modi described his meeting with his British counterpart as “extremely meaningful” and said that comprehensive strategic partnership with Britain is a priority for India. “In the coming years, we look forward to working together in areas such as technology, green energy, security, innovation and technology,” he said. We want to strengthen cultural ties along with trade.

Also know

Meanwhile, let us also tell here that Vijay Mallya, who has been living in Britain since March 2016 and trying to avoid extradition to India, is an accused in a bank loan default case of more than Rs 9,000 crore related to his defunct Kingfisher Airlines. . At the same time, fugitive diamond merchant Nirav Modi is lodged in London jail for the last five years. He has lost his extradition battle to face fraud and money laundering charges in India. (Language)