Union Finance Minister Nirmala Sitharaman and Israel’s Finance Minister Bezalel Smotrich signed a landmark Bilateral Investment Treaty (BIT) in New Delhi on Monday, marking a significant step in promoting investments between India and Israel. According to the finance ministry, this agreement makes Israel the first OECD member to adopt India’s new investment treaty model. The...
In a significant milestone for bilateral relations, Indian Prime Minister Narendra Modi and UK Prime Minister Keir Starmer have officially signed a landmark India–UK Free Trade Agreement (FTA), marking a new era of economic cooperation between the two nations. The agreement, years in the making, aims to eliminate trade barriers, reduce tariffs, and unlock new...
On Thursday, The Congress criticized the Narendra Modi government just before the signing of the India-UK free trade agreement, asserting that what India truly requires from the UK is the declaration of a more effective FTA – the Fugitive Transfer Agreement. Jairam Ramesh, Congress general secretary in charge of communications, remarked, “The three prominent figures...
London: Prime Minister Narendra Modi has landed in London for a two-day official visit to the United Kingdom, taking place from July 23 to 24. Upon arrival at the airport, Prime Minister Modi was welcomed by Catherine West, the UK Foreign Office Minister in charge of the Indo-Pacific, along with Indian High Commissioner to the...
During Prime Minister Narendra Modi’s visit to the UK, a significant event will be the signing of a free trade agreement (FTA) between the two nations. Whisky, automobiles, electric vehicles, and textiles are among the sectors that will gain advantages following the agreement, the negotiations for which wrapped up in May after three years of...
Deputy Trade Commissioner for South Asia at the British High Commission, Anna Shotbolt, stated that the India-UK Free Trade Agreement is expected to boost bilateral trade between the two nations by £25.5 billion each year. “However, it encompasses more than just tariffs, which are indeed a vital component that will benefit numerous industries. Creative enterprises...