This week, the Prime Minister announced £1 billion of new UK-India trade, which will create thousands of jobs and boost our economy, helping families and communities build back from coronavirus.
Constituents will know that, like every aspect of the UK-India relationship, the economic, social and cultural links between our countries make our people safer and stronger. This is why the Prime Minister this week committed to deepening the partnership between the UK and India at a summit with India’s Prime Minister Narendra Modi, including £1 billion of new UK-India trade and investment, which will create 6,500 new jobs across the UK, and setting an ambitious target of doubling UK-India trade by 2030, putting us on the path to negotiating a comprehensive Free Trade Agreement.
This trade package contains over £533m of new Indian investment into the UK, of which £200m of these deals will support low carbon growth, while British businesses have also secured new export deals with India worth more than £446 million, driving UK growth.
Businesses across Mid Sussex should be excited at the opportunities this new partnership will bring to export to one of the world’s fastest-growing economies.
This will help take the relationship between our two countries to new highs, delivering new jobs, opportunities and prosperity.
Following his meeting with the Indian Prime Minister earlier this week, the UK Prime Minister, Boris Johnson, said:
“Like every aspect of the UK-India relationship, the economic links between our countries make our people stronger and safer. Each and every one of the more than 6,500 jobs we have announced today will help families and communities build back from coronavirus and boost the British and Indian economies.”
For further details on the trade announcement please visit: Prime Minister announces £1 billion of new UK-India trade - GOV.UK (www.gov.uk)
I also wanted to take this opportunity to let constituents know we are sending further life-saving support to India as they battle a surge in coronavirus cases – reinforcing our commitment to help our Indian friends in their hour of need. This includes supplying 1,000 ventilators and establishing of a clinical advisory group to share expertise and experience as the country deals with the world’s worst surge in infections.
The terrible, upsetting images we have seen in India in recent weeks are all the more powerful because of the close and enduring connection between the people of the UK and India, which I mentioned earlier. We will continue to work closely with the Indian government in the global fight against the pandemic