Britain’s newly-elected Prime Minister Keir Starmer spoke to Prime Minister Narendra Modi on Saturday morning and said he stood ready to conclude a Free Trade Agreement that worked for both sides, Downing Street said.
India and the UK have been negotiating a Free Trade Agreement (FTA) for over two years with a Conservative Party-led government but the talks were stalled in the 14th round amidst the general election cycles in both countries.
It is now expected to be picked up by the new Starmer-led Labour government, which was voted in with a landslide this week.
“The Prime Minister [Starmer] said he looked forward to further deepening the strong and respectful relationship between both countries, and welcomed Prime Minister Modi’s leadership on key global challenges, such as climate change and economic growth,” the spokesperson noted.
The leaders are then said to have discussed the importance of the “living bridge” between both countries, and the 2030 Roadmap and are said to have agreed that there was a wide range of areas across defence and security, critical and emerging technology, and climate change, for the two countries to deepen cooperation on.
“Discussing the Free Trade Agreement, the Prime Minister said he stood ready to conclude a deal that worked for both sides. The leaders hoped to meet at the earliest opportunity,” the spokesperson added.
Both sides have been working towards clinching a pact to enhance the GBP 38.1 billion bilateral trading partnership since January 2022, when Boris Johnson was the British prime minister.