Wat-Not Staff
David Lammy, the foreign secretary of Britain, is in India to hold meetings with governments and business executives.It is being said that the visit aims to rebuild Britain’s ties with both the nation and the Global South.
India has been referred to by Mr. Lammy as “an indispensable partner” in the government’s initiatives to combat climate change and expand the economy.The incoming Labour government is keen to win a free trade agreement, given that the nation’s economy is expected to rank third in the globe in the near future.
The administration of Sir Keir Starmer had its sights set early on India.
Sir Keir Starmer’s administration has already set its sights on India, despite being only three weeks old. He believes that if Labour wants to thrive, British enterprises must do more business in the country.After talks over the last two years, talks regarding a free trade agreement with India have been on hold for months.
India and the non-EU nations of Norway, Switzerland, Iceland, and Liechtenstein inked a free trade deal in March.
Reiterating the UK’s commitment to securing a deal, according to the foreign secretary, would represent a floor rather than a limit on Britain’s goals.Trade negotiations with India were reportedly approaching their “final but trickier” stages last year, according to insiders from the outgoing Conservative government.Government officials have long considered a trade agreement with India to be among the most advantageous agreements the UK could make with other countries after Brexit.
In an attempt to strengthen ties between the UK and the EU, Mr. Lammy spoke with several European leaders during his first overseas trip as a cabinet member earlier this month.But there’s more to this most recent journey than just money.India saw itself as a major actor in the Global South, and Mr. Lammy declared his intention to restore Britain’s ties with these emerging nations.The government is trying to strengthen ties with other friends, including a nation that Mr. Lammy refers to as the “emerging superpower of the 21st century,” in light of the political unrest in the US and Europe.
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