A comprehensive ‘Roadmap 2030’ which will help in deepening the cooperation between India and UK over the next decade will be launched at the virtual summit on Tuesday (May 4, 2021).
Prime Minister Narendra Modi and his UK counterpart Boris Johnson will be meeting tomorrow for the summit level talks virtually and launch the `Roadmap 2030’ which covers five critical sectors for cooperation.
Both countries are keen to expand and further deepen cooperation in five major sectors including: trade and prosperity, defence and security, climate action and healthcare, and most importantly people-to-people relationship. Maritime Security, Joint production in defence will also be on the agenda of talks.
According to an official statement issued by the Ministry of External Affairs (MEA), the two leaders will also talk about COVID-19 cooperation, and the global efforts to fight the global pandemic. And, “The summit will help to elevate our multi-faceted strategic ties and enhance cooperation on regional and global issues which are of mutual interest.”
India-UK Enhanced Trade Partnership (ETP)
The two sides are also to discuss India-UK Enhanced Trade Partnership (ETP). There is likely to be a launch of this ETP at the Summit and if it does it is expected to lead to a potential comprehensive Free Trade Agreement (FTA) between India and the UK.
Financial Express Online had reported in March, the bilateral trade between the two countries witnessed an 11 per cent increase before the global pandemic and to further enhance this the two countries are keen on firming up a proposed Free Trade agreement (FTA).