July 9, 2024
2 mins read

Sitharaman assures UK envoy of stronger economic ties

The Finance Minister reaffirmed India’s commitment to taking forward economic and financial collaboration for the mutual benefit of both countries….reports Asian Lite News

Finance Minister Nirmala Sitharaman met the British High Commissioner to India  Lindy Cameron here on Monday and extended her greetings to the newly-elected government in the U.K. as well as to the newly-appointed Chancellor of the Exchequer Rachel Reeves.

The Finance Minister reaffirmed India’s commitment to taking forward economic and financial collaboration for the mutual benefit of both countries.

The UK High Commissioner said, “Very grateful to Finance Minister Sitharaman for finding time for an introductory call in the middle of her intense budget preparations.”

“Delighted, and both now have powerful women as Finance Ministers!” Cameron remarked.

Newly-elected British Prime Minister Keir Starmer on Saturday welcomed Prime Minister Narendra Modi’s leadership on key global challenges as both leaders spoke over the phone following Friday’s results of the UK general elections which handed the Labour Party a landslide victory.

The two leaders discussed the importance of the living bridge between the UK and India, the 2030 roadmap, and 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 UK Prime Minister said he stood ready to conclude a deal that worked for both sides,” Starmer’s office stated.

As both leaders agreed to work towards the early conclusion of a mutually beneficial India-UK Free Trade Agreement (FTA), PM Modi also extended an invitation to Keir Starmer for an early visit to India.

PM Modi congratulated Starmer on his and the Labour Party’s “remarkable victory” in the general elections.

“Pleased to speak with Keir Starmer. Congratulated him on being elected as the Prime Minister of the UK. We remain committed to deepening Comprehensive Strategic Partnership and robust India-UK economic ties for the progress and prosperity of our peoples and global good,” PM Modi posted on X after the call.

“Appreciating the positive contributions of the Indian community in the social, economic, and political development of the UK. The two sides agreed to continue to promote close people-to-people ties. Both leaders agreed to remain in touch,” the Indian Prime Minister’s Office (PMO) said in a statement.

ALSO READ: Do not lampoon persons with disabilities in visual media: SC

Previous Story

India pushes for better deal with France for Rafale jets

Next Story

Hemant Soren wins trust vote in Jharkhand Assembly

Latest from -Top News

54 killed in overnight airstrikes in Gaza

It was the second night of heavy bombing, after airstrikes Wednesday on northern and southern Gaza killed at least 70 people, including almost two dozen children Multiple airstrikes have hit Gaza’s southern

No Military Fix for Ukraine War, Says Rubio

Rubio stated that the US hopes that progress will soon be made in the negotiation process…reports Asian Lite News U.S. Secretary of State Marco Rubio stated on Thursday that the Russia-Ukraine conflict

BNP seeks non-interference with India

Calls for non-interference, long-term cooperation, and bilateral trust-building as region faces new challenges A senior leader of the Bangladesh Nationalist Party (BNP) has emphasised the need for India and Bangladesh to build

Taiwan tests new missile system

Visuals released by the MND showed the Land Sword II in action, with footage capturing the successful launch of the missile system in a test-firing exercise. Taiwan has conducted back-to-back military drills
Go toTop

Don't Miss

India, Uganda review entire spectrum of bilateral ties

India and Uganda reviewed the entire spectrum of bilateral relations

India, Luxembourg launch Joint Commemorative Stamp

India and Luxembourg enjoy close, warm, and friendly relations, rooted