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

Vance Defends US Sanctions, Tariffs on India

Vance said the Trump administration is making it harder for Moscow to profit from its oil economy through measures that include tariffs on India….reports Asian Lite News US Vice President JD Vance

Bangladesh Rejects Dar’s 1971 Claim

During his two-day Dhaka visit, the first in 13 years, Dar made the claims after meeting interim Foreign Affairs Advisor Hossain…reports Asian Lite News Bangladesh has rejected Pakistani Deputy Prime Minister and
Go toTop

Don't Miss

BJP releases first list of 99 candidates for Maha polls

Mumbai unit BJP chief Ashish Shelar has been fielded again

Yezdi back in Indian market

The company aims to target riders looking for regular commute