Home » Modi and Sunak Discuss India-UK Trade Talks at G7 Summit

Modi and Sunak Discuss India-UK Trade Talks at G7 Summit

by Mohammad Naseemaa
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PM Modi, Rishi Sunak, India-UK trade negotiations, Free Trade Agreement, G7 Summit, Roadmap 2030, bilateral relations, economic collaboration, defence ties, political engagement, market access, scotch whisky tariffs, mobility for professionals, UK elections, Narendra Modi, Rishi Sunak meeting

Prime Minister Narendra Modi and British Prime Minister Rishi Sunak recently reviewed progress in the negotiations for a Free Trade Agreement (FTA) between India and the UK. Their discussion took place during the G7 Summit in Apulia, Italy, where PM Modi participated in sessions focused on AI and energy. This meeting was their first since Sunak’s visit to India for the G20 Summit last September.

They assessed the Roadmap 2030, a comprehensive plan to boost cooperation in areas like trade, defence, and economic collaboration. Both leaders expressed satisfaction with advancements in their bilateral strategic partnership. The Roadmap, established in May 2021, encompasses political engagement, trade, defence and security, climate change, and health.

Progress was noted in high-level political consultations, defence and security ties, trade, technology sectors, and people-to-people connections. Discussions also covered regional and global issues.

Despite 14 rounds of FTA negotiations, differences remain, particularly on issues such as market access, tariffs on British scotch whisky and automobiles, and facilitating mobility for Indian professionals and students. Given the upcoming UK elections in July, India is awaiting the formation of a new government before finalizing the FTA.

PM Modi reaffirmed his commitment to strengthening the India-UK Comprehensive Strategic Partnership. He emphasized potential areas for collaboration in semiconductors, technology, and trade, and discussed enhancing defence cooperation.

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