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Starmer leads 125-strong delegation to India in bid to ‘turbocharge’ trade

Starmer leads 125-strong delegation to India in bid to ‘turbocharge’ trade

Summary

UK Prime Minister Keir Starmer is in India with a large group of British business and academic leaders to boost trade between the UK and India. The visit follows a recent trade deal between the two nations and aims to enhance economic opportunities. The UK delegation includes leaders from major companies and universities.

Key Facts

  • UK Prime Minister Keir Starmer is leading a delegation to India to promote trade.
  • The visit involves 125 British CEOs, entrepreneurs, and university leaders.
  • This initiative aims to enhance trade due to high US tariffs on both countries.
  • The UK and India recently signed a major trade agreement in July.
  • Indian Prime Minister Narendra Modi and Starmer plan to meet during this visit.
  • Trade between the UK and India is valued at $54.8 billion and supports over 600,000 jobs.
  • The new trade agreement includes lower tariffs on various goods between the two countries.
  • The UK's GDP may increase by 4.8 billion pounds ($6.4 billion) annually due to the deal.

Source Information