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Home World Europe

UK to relaunch ‘vital’ trade talks with India in early 2025

18 November 2024
in Europe
UK to relaunch ‘vital’ trade talks with India in early 2025
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The UK plans to restart trade talks with India in early 2025, aiming to elevate the relationship with Delhi to a “new strategic partnership” covering trade, energy, and security, as confirmed by Sir Keir Starmer following a meeting with Indian prime minister Narendra Modi at the G20 summit. The goal is to boost economic growth, support jobs, and increase trade between the fifth and sixth largest economies, with discussions initially aiming to double trade to £86bn by 2030. While Boris Johnson had set a target date of October 2022 for a deal, Rishi Sunak’s administration did not specify a deadline for signing off on an agreement, which had previously stalled under the last government.

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