India, UK strengthen trade ties ahead of Foreign Secretary's visit

Thursday 04th June 2026 05:56 EDT
 

India and the UK have reaffirmed their commitment to deepening economic cooperation, with Union Commerce and Industry Minister Piyush Goyal holding a series of meetings in London focused on trade, investment and business growth.

During his visit, Goyal met UK government ministers, business leaders and industry representatives to discuss ways of expanding economic engagement between the two countries. A key focus of the discussions was the proposed India-UK Free Trade Agreement, which both sides view as an important step towards boosting trade and creating new opportunities for businesses.

The talks also covered areas such as investment, innovation, manufacturing, shipping and services. Both countries highlighted the importance of building stronger supply chains and encouraging collaboration in sectors that can support long-term economic growth.

Goyal said India remains committed to strengthening its partnership with the UK and creating an environment that encourages trade and investment. He also highlighted India's growing economy and the opportunities available for international businesses looking to expand their presence in the country.

The discussions come as India and the UK continue efforts to enhance commercial links and increase bilateral trade. Business leaders from both countries stressed the need for closer cooperation and greater engagement between industries to unlock new opportunities.

UK Foreign Secretary Yvette Cooper is also set to visit India for high-level talks aimed at strengthening bilateral cooperation on trade, technology and global challenges. Cooper is expected to arrive in India on June 4 after completing a visit to China. During her trip, she will meet External Affairs Minister S. Jaishankar, as well as entrepreneurs, academics and government stakeholders involved in delivering the UK-India Vision 2035 partnership framework.

Officials said discussions are expected to cover a range of global issues, including regional security, the Russia-Ukraine conflict, developments in the Strait of Hormuz and international health concerns such as the recent Ebola outbreak.

The UK government said the engagements with India and China would focus on addressing some of the most pressing global challenges while advancing Britain's strategic relationships with two of the world's largest economies.

For the British Indian community, stronger economic ties could also lead to increased business activity, investment and entrepreneurship across both countries. Many businesses already operate between India and the UK, making trade and investment agreements particularly significant for the diaspora.

Both sides expressed confidence that closer collaboration in trade, investment and innovation would help strengthen the long-standing economic relationship and support future growth for businesses in both countries.


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