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 >
US weekly jobless claims fall amid labor market resilience
US weekly jobless claims fall amid labor market resilience
May 21, 2026
WASHINGTON, May 21 (Reuters) - The number of Americans filing claims for unemployment benefits fell last week, pointing to labor market resilience and giving the Federal Reserve room to focus on rising inflation. Initial claims for state unemployment benefits slipped 3,000 to a seasonally adjusted 209,000 for the week ended May 16, the Labor Department said on Thursday. Economists polled...
US single-family housing starts tumble in April
US single-family housing starts tumble in April
May 21, 2026
WASHINGTON, May 21 (Reuters) - U.S. single-family homebuilding dropped sharply in April and permits for future construction fell, suggesting the housing market could remain subdued for a while as the Iran war drives up mortgage rates and an oversupply of new houses persists.  Single-family housing starts, which account for the bulk of homebuilding, tumbled 9.0% to a seasonally adjusted annual...
May S&P Global US Flash Manufacturing Rise, Services Measure Falls
May S&P Global US Flash Manufacturing Rise, Services Measure Falls
May 21, 2026
09:54 AM EDT, 05/21/2026 (MT Newswires) -- The May flash reading of manufacturing conditions from S&P Global rose to a 55.3, a 48-month high, from 54.5 in April, compared with a smaller expected reading of 53.8 in a survey compiled by Bloomberg. The increase follows mixed readings in the regional manufacturing sector readings from the New York and Philadelphia Federal...
US Dollar Rises Early Thursday Ahead of Busy Economic Data Schedule
US Dollar Rises Early Thursday Ahead of Busy Economic Data Schedule
May 21, 2026
07:45 AM EDT, 05/21/2026 (MT Newswires) -- The US dollar rose against its major trading partners early Thursday ahead of a busy schedule of economic releases, starting with the Philadelphia Federal Reserve's manufacturing reading for May, weekly jobless claims, and housing starts data for April, all at 8:30 am ET. The S&P global flash estimates of May manufacturing and services...
Copyright 2023-2026 - www.financetom.com All Rights Reserved