Overview

• UK Prime Minister Keir Starmer and Indian Prime Minister Narendra Modi agreed to restart trade negotiations early next year, focusing on a comprehensive strategic partnership.
• The discussions will address key issues such as tariff reductions, market access for goods and services, and visa norms for professionals.
• Both countries seek to boost economic growth, with the UK aiming to expand its exports and investments in India, a rapidly growing economy.
• The trade talks, initially started in January 2022, were paused due to elections in both nations and are expected to resume with renewed focus on resolving outstanding issues.
• India is prioritizing the UK as a key partner in its goal to achieve $1 trillion in exports by 2030, with significant growth in bilateral trade anticipated.