The UKIBC Welcomes Prime Ministers Johnson and Modi's Commitment to an Enhanced Trade Partnership as a Roadmap to a Future Free Trade Agreement
| Tuesday | 4th May, 2021
The UK India Business Council warmly welcomes the commitment of Prime Minister Rt Hon Boris Johnson MP and Prime Minister Shri Narendra Modi to deepening collaboration between our two countries.
In particular, we welcome the UK-India Enhanced Trade Partnership (ETP) and the intention to negotiate a Free Trade Agreement (FTA).
The Prime Ministers also announced GBP 1 billion of new UK-India trade and investment.
UK-India trade is already strong: in the year before the pandemic bilateral trade grew by 10 percent to GBP24 billion.
The UK Government and UK businesses have been playing their part through the provision of critical equipment such as ventilators and oxygen concentrators.
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