financetom
Economy
financetom
/
Economy
/
UK PM Boris Johnson expected to visit India towards month end
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
UK PM Boris Johnson expected to visit India towards month end
Apr 5, 2022 12:45 AM

British Prime Minister Boris Johnson is planning a visit to India towards the end of this month with a focus on strengthening bilateral ties against the backdrop of the ongoing India-UK Free Trade Agreement negotiations, according to official sources.

The visit, which is expected around April 22, is long overdue after Johnson was forced to cancel planned visits to India twice last year due to the COVID-19 pandemic.

While Downing Street is yet to confirm any details, an in-person meeting was discussed during a phone call between Johnson and Prime Minister Narendra Modi last month.

The leaders welcomed India and the UK's strong and prosperous relationship, and agreed to continue to build on trade, security and business ties in the coming weeks and months. They looked forward to meeting in-person at the earliest opportunity, a Downing Street spokesperson said in a readout of the call on March 22.

Last week, Downing Street sources told PTI that Johnson was very keen to visit India for talks with his Indian counterpart Modi, though firm plans are yet to be fully drawn up.

The two leaders last met in-person on the sidelines of the COP26 Climate Summit in Glasgow in November last year, when their bilateral talks during the World Leaders' Summit focused on the India-UK climate partnership as well as a review of the 2030 Roadmap which they had signed during a virtual summit in May 2021.

The Roadmap, which aims to at least double bilateral trade between India and the UK by 2030, is part of Britain's so-called Indo-Pacific foreign policy tilt.

A trade deal with India's booming economy offers huge benefits for British businesses, workers and consumers, Johnson said at the formal launch of Free Trade Agreement (FTA) talks earlier this year.

The UK has world-class businesses and expertise we can rightly be proud of, from Scotch whisky distillers to financial services and cutting-edge renewable technology.

"We are seizing the opportunities offered in growing economies of the Indo-Pacific to cement our place on the global stage and deliver jobs and growth at home," he said in January.

The conflict in Ukraine and the UK's leading role in imposing stringent sanctions against Russian President Vladimir Putin's regime is also likely to feature strongly during talks between Johnson and Modi.

It will follow UK Foreign Secretary Liz Truss' visit to Delhi last week, when she held talks with External Affairs Minister S Jaishankar and also joined him at the first India-UK Strategic Futures Forum.

On Ukraine, India reiterated that the immediate cessation of violence and return to dialogue and diplomacy is the key to long term peace in the region, the Ministry of External Affairs (MEA) said with reference to the ministerial talks.

Both sides appreciated the substantial progress made in the India-UK FTA negotiations with two productive rounds already completed since their launch in January 2022, it noted.

The third round of India-UK FTA talks, scheduled to be hosted by India later this month, is likely to be timed around the prime ministerial visit.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Fed's Schmid says rate cut was right move to offset job market risks
Fed's Schmid says rate cut was right move to offset job market risks
Sep 25, 2025
(Reuters) -Federal Reserve Bank of Kansas City President Jeffrey Schmid said on Thursday that last week's central bank interest-rate cut was needed to help ensure that the job market remains in a good place. While the economy is currently in a pretty good spot relative to the Fed's inflation and job goals, some recent data suggests a growing risk that...
US weekly jobless claims fall, but labor market softening
US weekly jobless claims fall, but labor market softening
Sep 25, 2025
WASHINGTON (Reuters) -The number of Americans filing new applications for unemployment benefits fell last week, but the labor market has lost its luster amid an anemic pace of hiring. Initial claims for state unemployment benefits dropped 14,000 to a seasonally adjusted 218,000 for the week ended September 20, the Labor Department said on Thursday. Economists polled by Reuters had forecast...
US second-quarter GDP growth revised sharply higher
US second-quarter GDP growth revised sharply higher
Sep 25, 2025
WASHINGTON (Reuters) -The U.S. economy grew faster than previously thought in the second quarter, pumped up by an ebb in imports and a pickup in consumer spending, but momentum appears to have since slowed.  Gross domestic product increased at an upwardly revised 3.8% annualized rate last quarter, the Commerce Department's Bureau of Economic Analysis (BEA) said in its third GDP...
US core capital goods orders unexpectedly rise in August
US core capital goods orders unexpectedly rise in August
Sep 25, 2025
WASHINGTON (Reuters) -New orders for key U.S.-manufactured capital goods unexpectedly increased in August, but a decline in shipments of these goods suggested a moderate pace of growth in business spending on equipment this quarter. Non-defense capital goods orders excluding aircraft, a closely watched proxy for business spending, rose 0.6% last month after a downwardly revised 0.8% jump in July, the...
Copyright 2023-2026 - www.financetom.com All Rights Reserved