India

India-UK FTA Driving Positive Business Dialogue: Mark Birrell

Mark Birrell, Trade Counsellor for South Asia at the British Deputy High Commission in Mumbai, expressed satisfaction with the recently concluded India-UK Free Trade Agreement (FTA).

Speaking at a CII event on Thursday, Birrell said the agreement has already started creating positive dialogue between businesses of both nations as the ratification process moves forward.

Birrell hailed Indian Prime Minister Narendra Modi and British Prime Minister Keir Starmer for jointly announcing the trade agreement in the UK earlier in July.

He said, “The relationship is really strong, and I was delighted that the leaders of the two countries visited the UK in July to finalize the free trade agreement.”

“That sent a very positive signal about the relationship, and I hope it will continue to strengthen,” he further added.

Refuses to Comment on US Tariffs

When asked about the US administration’s decision to impose a 50 per cent tariff on Indian goods, Birrell declined to comment.

“It will positively impact the trading relationship between the two countries,” he stated.

Birrell highlighted that the FTA lowers tariffs, reduces non-tariff barriers, and serves as a wider positive signal of the strong trading partnership between India and the UK.

At the same event, Ming Foong Cheong, Consul General at the Consulate General of Singapore, emphasised India’s rising importance in global trade.

“In an increasingly interconnected world, India’s role in global trade is more important than ever. India’s large internal market, green resources, and digital prowess position it to drive the future of global trade and economic integration,” Cheong said.

Also Read: UAE Is An Important Partner In India’s Growth Story: Piyush Goyal In Abu Dhabi

Purnima Mishra

Recent Posts

PM Modi Praises Indian Navy Officers For Completing ‘Navika Sagar Parikrama’

PM Modi lauded Navy officers Lieutenant Commanders Dilna and Roopa for completing the ‘Navika Sagar…

18 mins ago

Chhath Puja Could Join UNESCO Intangible Cultural Heritage List, Says PM Modi

During his latest address on ‘Mann Ki Baat’, PM Modi highlighted India’s initiative to nominate…

41 mins ago

PM Modi Pays Tributes To Bhagat Singh & Lata Mangeshkar On Their Birth Anniversary

Prime Minister Narendra Modi paid homage to revolutionary Bhagat Singh and legendary singer Lata Mangeshkar…

52 mins ago

PM Modi Pays Homage To Goddess Katyayani On Navratri’s Sixth Day

Prime Minister Narendra Modi extended greetings on the sixth day of Shardiya Navratri, dedicated to…

3 hours ago

India Walks Out Of UNGA After Pakistan Admits To Being ‘Terroristan’

India walked out of the UN General Assembly after Pakistan responded to External Affairs Minister…

3 hours ago

S Jaishankar’s Speech At UNGA Rich In Symbolism & Strategic Messaging

External Affairs Minister S Jaishankar delivered a carefully crafted speech at the United Nations General…

4 hours ago