New Delhi [India], April 22 (ANI): Amid the visit of the UK Prime Minister Boris Johnson to India, the two countries signed a number of agreements including two government-to-government Memorandum of Understanding (MoUs) on Nuclear Energy Partnership and Global Innovation Partnership.

The MoU on Cooperation on Global Centre for Nuclear Energy Partnership was signed between India’s Department of Atomic Energy and the UK’s Department of Business, Energy and Industrial Strategy. “The two leaders (PM Modi and PM Johnson) reaffirmed their desire to strengthen India-UK civil nuclear cooperation and welcomed the UK’s renewed collaboration with Global Centre for Nuclear Energy Partnership (GCNEP) for jointly promoting research and training on nuclear energy studies, radioactive applications, nuclear security, and safety,” a India-UK joint statement said.

Another MoU on Implementation of Global Innovation Partnership between India’s Ministry of External Affairs and UK’s Foreign, Commonwealth and Development Office was also signed. “Global innovation partnership is a novel development, cooperation initiative which India and the UK agreed to cofinance, up to USD 100 million to support the transfer and scale innovations to third countries that help deliver SDGs and climate-related goals and in the process make Indian innovations go global,” Foreign Secretary Harsh Shringla informed in a press briefing.

“Other institutions to institution MoUs were also concluded in the margins of the visit, including the MoU on the establishment of a short term chair at Birmingham University, signed between the Indian Council of Cultural relations and Birmingham city university, and between the National Institute of Wind Energy and offshore renewable energy catapult,” Foreign Secretary added.

UK Prime Minister Boris Johnson arrived in India on Thursday on a two-day visit, which included a day of visits and engagements in Gujarat, followed by a ceremonial welcome in New Delhi earlier today, which was followed by bilateral talks with Prime Minister Narendra Modi. (ANI)

Told negotiators to get India-UK Free Trade Agreement done by Diwali: PM Boris Johnson

New Delhi [India], April 22 (ANI): Highlighting the growing economic cooperation with India, UK Prime Minister Boris Johnson on Friday said that he and his counterpart Narendra Modi were seeking completion of the negotiations on a Free Trade Agreement (FTA) between the two countries by October this year. The UK PM made the remarks while addressing a press conference in New Delhi, after his interaction with PM Modi earlier in the day.

“We are using our Brexit freedoms to reach a bilateral Free Trade Agreement (FTA) and today Prime Minister Modi and I told our negotiators to get it done by Diwali in October,” Johnson said. “This could double our trade and investment by the end of the decade driving down prices for consumers and increasing wages across the UK by as much as three billion pounds,” the UK PM added.
Johnson said that in the course of his visit, India and the UK have secured new deals worth a billion pounds, creating more than 11,000 jobs.

Johnson also highlighted the importance of India as a major economy of the world as well as an important partner of the UK both in terms of economic and strategic partnerships. “India is an incredible rising power in Asia, one of the fastest-growing economies in the world, already worth 2.25 trillion pounds, and said to be the world’s third-largest economy by 2050. India is also our biggest partner in the indo-pacific which is increasingly the geopolitical center of the world with two-thirds of humanity and a third of the global economy and that share is rising every year,” Johnson said.

Talking about India’s role in the British economy, Johnson said, “Indian investment already supports almost half a million British jobs, and with a population bigger than the US and EU combines, there is so much potential for us to take our trade and investment to a whole new level.” “So, what we are getting on with here is delivering on the priorities of the British people, but also deepening our friendship with a nation with whom we have profound ties of language, culture, and kinship while making both our countries safer and our economies stronger,” the British PM said.

India and UK launched Free Trade Agreement negotiations in January this year. After the conclusion of two rounds of negotiations, the third round of negotiations between the two countries will begin next week. The two countries are also exploring the possibility of an interim agreement to provide quick gains for benefitting businesses on both sides. (ANI)