Live
- Centre releases Rs 448 crore as grant for rural local bodies in Karnataka
- India and Japan bolster defence ties, explore air domain cooperation
- Masik Shivratri 2024: Date, Time, Rituals, and Significance
- 8 of 10 Indian stockbrokers to increase IT budgets for emerging tech adoption
- Utpanna Ekadashi 2024: Date, Rituals, and Significance
- New Criminal Laws: An Era of Transformation of the Criminal Justice System
- India among top 10 countries with AI readiness: Report
- UNICEF to support Kerala's children with special needs
- Meta purges over 2 million accounts linked to scam centres
- Mumbai, Delhi ranked among top 5 prime residential markets in Asia-Pacific
Just In
India, UK to deepen trade, defence ties
In the backdrop of the rapid geopolitical turmoil, Prime Minister Narendra Modi and his British counterpart Boris Johnson on Friday agreed on a new and expanded India-UK defence partnership and vowed to seal an ambitious free trade agreement by the end of the year
New Delhi: In the backdrop of the rapid geopolitical turmoil, Prime Minister Narendra Modi and his British counterpart Boris Johnson on Friday agreed on a new and expanded India-UK defence partnership and vowed to seal an ambitious free trade agreement by the end of the year. After his wide-ranging talks with Modi on the second and final day of his India visit, Johnson said the UK is creating an Open General Export Licence (OGEL) for India to "reduce bureaucracy and slashing delivery times" for defence procurement.
The British premier said both sides agreed to work together to meet new threats across land, sea, air space and cyber domains and that the UK will partner with India on new fighter jet technology as well as in the maritime sphere to detect and respond to threats in the oceans.
"Today, we have agreed on a new and expanded defence and security partnership, and decades-long commitment to not only forge tighter bonds between us but to support your goal Narendra of Make in India (in defence)," Johnson said, describing Modi as his "khas dost" (special friend).
Referring to the free trade agreement (FTA), Johnson said he wanted negotiators from both sides to close the deal before Diwali in October.
In his comments, Modi said, "good progress" is being made in the negotiations for the FTA and that both sides have decided to do their best to close the pact 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," Modi said.
"We have also agreed to enhance cooperation in the defence sector. In the defence sector, we welcome the UK's support for 'self-reliant India' in manufacturing, technology, design and development," he said.
On the Ukraine crisis, Modi stressed on an immediate ceasefire and resolution of the problem through dialogue and diplomacy. "We also reiterated the importance of respect for the territorial integrity and sovereignty of all countries," he said.
Talking about the Indo-Pacific, Modi emphasised on maintaining a free, open, inclusive and rules-based order in the region and noted that India welcomed the UK's decision to join the Indo-Pacific Oceans Initiative. "We reiterated our support for a peaceful, stable and secure Afghanistan and for an inclusive and representative government. It is necessary that Afghan territory is not used to spread terrorism in other countries," he said.
Johnson described the talks as wonderful and said the partnership between the UK and India is one of the "defining friendships of our time". Noting that "threats of autocratic coercion" are growing, the British prime minister said it is vital that both India and the UK further deepen their cooperation. "Today, we are announcing new measures to make it easier to export UK-made medical devices to India and ensure mutual recognition of UK higher education qualification," he said.
In the talks, the two Prime Ministers also discussed new cooperation on clean and renewable energy.
Johnson said it was aimed at supporting India's energy transition from imported oil and increasing its resilience through secure and sustainable energy.
The two sides also launched a virtual Hydrogen Science and Innovation hub to accelerate affordable green hydrogen and unveiled plans in sync with the Green Grids Initiative announced at COP26.
Johnson visited Gujarat on Thursday before arriving in New Delhi in the evening.
© 2024 Hyderabad Media House Limited/The Hans India. All rights reserved. Powered by hocalwire.com