PM Modi, UK PM Meet Business Heads After India-UK Trade Deal
CETA Expected to Drive Economic Growth, Foster Innovation and Job Creation
- Prime Minister Narendra Modi and UK PM Sir Keir Starmer met with Indian and UK business leaders.
- The meeting followed the signing of the India – UK Comprehensive Economic and Trade Agreement (CETA).
- Leaders encouraged businesses to leverage CETA for deeper trade, investment, and innovation partnerships.
GG News Bureau
London, 24th July: Prime Minister Narendra Modi and UK Prime Minister Sir Keir Starmer today met with leading business figures from both India and the United Kingdom. This high-profile meeting followed the historic signing of the India – UK Comprehensive Economic and Trade Agreement (CETA) earlier in the day.
Industry captains representing diverse sectors, including health, pharmaceuticals, gems and jewellery, automobiles, energy, manufacturing, telecom, technology, IT, logistics, textiles, and financial services, were present. These sectors are recognized for their significant contributions to employment generation and inclusive economic development in both nations.
During their interaction, the two leaders acknowledged the recent expansion in bilateral trade and investment ties. They strongly encouraged the business leaders to fully capitalize on the opportunities presented by the CETA, aiming to deepen trade, investment, and innovation partnerships. Reaffirming their shared commitment to economic growth through enhanced bilateral collaboration, both Prime Ministers noted that the new agreement is set to boost business sentiment in both economies and positively influence the global economic landscape.
To highlight the tangible benefits of the CETA, Prime Minister Modi and Prime Minister Starmer toured a showcase featuring flagship products and innovations from both countries. The exhibits included a range of items such as gems and jewellery, engineering goods, quality consumer products, and advanced technological solutions.
Indian and UK business leaders lauded the historic trade agreement, expressing optimism that it will usher in a new era of Comprehensive Strategic Partnership. They anticipate deepened collaboration not only in trade and economy but also across emerging technologies, education, innovation, research, and health sectors. Both leaders reiterated their commitment to supporting businesses, both small and large, in harnessing the full potential of this new agreement to strengthen economic cooperation for years to come.
