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Far and Wide | July 2023 (II)

This week's lead story revolves around Minister Piyush Goyal's productive visit to London from July 10 to July 12. During this crucial visit, Goyal engaged with prominent politicians, government officials, and industry leaders to strengthen the India-UK trade relationship. A highlight of the visit was Minister Goyal's meeting with Kemi Badenoch, the UK's Secretary of State for Trade. Their discussions centered around the Free Trade Agreement (FTA) and explored opportunities for enhanced collaboration between the two nations. The immense potential of the Indian market, with its population of 1.4 billion and remarkable economic growth, was recognized by both ministers. The talks were marked by a shared understanding and a commitment to advancing mutual interests, resulting in significant progress on various challenging issues.

Minister Goyal's visit also included a productive discussion with Douglas McNeill, the Chief Economic Advisor to the UK Prime Minister. This meeting highlighted the joint efforts of India and the UK in strengthening their relationship and promoting trade. The positive outcomes achieved through collaborative initiatives were acknowledged, fostering optimism for the future.

During the visit, Minister Goyal interacted with businesses and industry leaders, hosting a Business Roundtable that brought together stakeholders from sectors of mutual interest for India and the UK. He emphasized the importance of leveraging the initiatives of the Government of India and exploring new avenues for growth and cooperation. The discussions held during this visit showcased a strong commitment from both sides to forge a closer partnership and promote trade. The progress made during these engagements lays a solid foundation for further strengthening bilateral relations and achieving mutually beneficial outcomes.