November 29, 2022
2 mins read

Sunak reiterates UK’s commitment to FTA with India

He also criticized the human rights abuses taking place in China while putting forward his stance on foreign policy…reports Asian Lite News

Delivering his first major address on UK Foreign Policy, Prime Minister Rishi Sunak on Monday emphasized the importance of a Free Trade Agreement (FTA) with India that aims to strengthen the domestic economy.

This comes as India and UK are engaged in FTA negotiations, which began in January this year, aiming to advance trade and investment relations between them. Both countries currently have a multi-dimensional strategic partnership and actively engage in bilateral trade. “By 2050, the Indo-Pacific will deliver over half of global growth…compared with just a quarter from Europe and North America combined. That’s why we’re joining the Trans-Pacific trade deal, the CPTPP, delivering a new FTA with India, and pursuing one with Indonesia,” Sunak said in his address at the Lord Mayor’s Banquet at London’s Guildhall.

On the world’s second-largest economy, Sunak asserted that the “golden era” between Britain and China is “now over” and that it is time to evolve the approach towards China as the country is posing a systemic challenge to UK’s values and interest with its authoritarian rule.
He also criticized the human rights abuses taking place in China while putting forward his stance on foreign policy.

“Let’s be clear, the so-called ‘golden era’ is over, along with the naive idea that trade would lead to social and political reform. We recognise China poses a systemic challenge to our values and interests, a challenge that grows more acute as it moves towards even greater authoritarianism,” the UK PM said in his address.

In his speech, Sunak also extended support to Ukraine saying that the UK stands with the war-ravaged country. He said that Britain is also reinvigorating its European relationships to tackle challenges like security and tackling migration.

The UK Prime Minister also expressed concern over the ongoing protests in China against COVID lockdowns. Highlighted the recent arrest of the BBC reporter in China, Sunak said that instead of listening to people’s concerns, the Chinese government “has chosen to crack down further”.

Thousands of protesters took to the streets of Shanghai, where people were being bundled into police cars. Students have also demonstrated at universities in Beijing and Nanjing. (ANI)

ALSO READ-‘Golden era of UK-China ties over’

Previous Story

B’desh has special place in India’s Neighbourhood First policy, says President Murmu

Next Story

Manchester Museum exploring the tie between South Asia and Britain’s legacy

Latest from -Top News

Indian Americans Win Key Seats In Virginia

Kannan Srinivasan and J.J. Singh secure pivotal victories in Virginia’s special elections, helping Democrats maintain control amid rising Republican momentum. Two Indian Americans, Kannan Srinivasan and J.J. Singh, emerged victorious in Virginia’s

India, Maldives Deepen Defence Ties In High-Level Talks

Strengthening Neighbourhood Bonds: India and Maldives Chart a Path for Shared Security and Growth In a delegation-level meeting with his Maldivian counterpart, Defence Minister Rajnath Singh underscored India’s commitment to bolstering ties

Jaishankar: India’s Diaspora Key To Globalisation

At the 18th Pravasi Bharatiya Divas, EAM S Jaishankar spotlighted Odisha’s pivotal role in India’s globalisation journey. He emphasised the “3Ts”—Trade, Technology, and Tourism—as key growth drivers for the state. Jaishankar urged

India-EU Ties Gain Momentum With Modi-Costa Talks

PM Modi and European Council President Antonio Costa reaffirmed their commitment to enhancing the India-EU Strategic Partnership, focusing on green energy, trade, and digital innovation. Prime Minister Narendra Modi emphasised the steady
Go toTop

Don't Miss

CGI Dubai comes to the aid of Indian woman in distress

Consulate General of India, Dubai facilitated assistance for Indian woman

Stalin looks to team up Tamil diaspora for TN Dollar goal

Thennarasu said that the members would act as brand ambassadors