Teams of both countries are working on the subject of Free Trade Agreement. Good progress is being made in the negotiations. And we have decided to make full efforts towards the conclusion of the FTA by the end of this year. In the last few months, India has concluded Free Trade Agreements with UAE and Australia. At the same pace, with the same commitment, we would like to move forward on the FTA with the UK as well.English Translation of Address by Prime Minister, Shri Narendra Modi at the Joint Press Meet with the Prime Minister of UK- 22 APR 2022
April 22, 2022
The Rt Hon’ble Boris Johnson, Prime Minister of the United Kingdom is on an official visit to India from 21-22 April 2022, on the invitation of the Prime Minister of India, Shri Narendra Modi. This is his first visit to India as Prime Minister of UK.
In the bilateral talks, the two Prime Ministers appreciated the progress made on the Roadmap 2030 launched at the Virtual Summit in May 2021 and reiterated their commitment to pursue a more robust and action oriented cooperation across the full spectrum of bilateral relations. They appreciated the progress in ongoing FTA negotiations and implementation of the Enhanced Trade Partnership and agreed to conclude a comprehensive and balanced trade deal by the end October 2022. The FTA would pave the way for doubling of bilateral trade by 2030.
Both leaders agreed to transform defence and security cooperation as a key element of India-UK Comprehensive Strategic Partnership and discussed opportunities for defence collaboration including on co-development and co-production for meeting the needs of Armed Forces of both the countries. Both sides issued a Joint Statement for further intensifying cooperation on Cyber Security particularly in the areas of cyber governance, cyber deterrence and safeguarding critical national infrastructure. They also agreed to closely cooperate on countering the persistent threat of terrorism and radical extremism.
They reiterated commitment to ambitious climate action to achieve the goals of the Paris Agreement and in implementing the Glasgow Climate Pact. They agreed to enhance cooperation on rapid deployment of clean energy including off-shore wind energy and green hydrogen and work closely for early operationalisation of the Global Green Grids-One Sun One World One Grid Initiative (OSOWOG) under ISA and the IRIS platform under CDRI which were jointly launched by India and UK at COP26.
9. Two MoUs on implementation of India-UK Global Innovation Partnership and on the Global Centre for Nuclear Energy Partnership (GCNEP) were exchanged during the visit. Through the Global Innovation Partnership, India and UK have agreed to co-finance up to £ 75 million to support the transfer and scale up of climate smart sustainable innovations to third countries. The novel GIP Fund created under this Partnership will also aim to raise additional £ 100 million from the market to support Indian innovations.
The following announcements were also made – (I) Strategic Tech Dialogue – Ministerial-level dialogue on new and emerging communication technologies such as 5G, AI etc. (II) Collaboration on Integrated Electric Propulsion – Co-development of technology between the two Navies.
List of MoUs exchanged during the official visit of Prime Minister of UK to India
G2G MoUs exchanged
- MoU on Implementation of Global Innovation Partnership between Ministry of External Affairs, Government of India and Foreign, Commonwealth and Development Office, UK
- MoU on Cooperation on Global Centre for Nuclear Energy Partnership between Department of Atomic Energy, Government of India and Department of Business, Energy and Industrial Strategy, UK
- MoU on establishment of short term Chair at Birmingham City University between ICCR and Birmingham City University
- Joint Declaration of Intent for cooperation in the field of Offshore Wind Development between the National Institute of Wind Energy (NIWE) under Ministry of New and Renewable Energy, Government of India and the Offshore Renewable Energy Catapult, (OREC)
- Memorandum of Understanding on the creation of The Chevening/Adani Scholarships on Artificial Intelligence between the Foreign, Commonwealth and Development Office– British High Commission New Delhi and the Adani Group
- MoU on satellite launch programme between New Space India Limited (NSIL) and OneWeb
April 22, 2022