UK Minister Launches Campaign To Help Double Trade With India By 2030

New Delhi, Aug 24 (KNN) The UK Business and Trade Secretary Kemi Badenoch on Thursday launched a new "Alive with Opportunity" campaign to help double trade with India by 2030.

The "Alive with Opportunity" programme is designed to build on the UK and India's strong and enduring relationship, boost trade and investment, and promote the two nations' powerful cultural links.

The Cabinet minister had arrived in India on a three-day visit to attend the G20 Trade and Investment Ministerial Meeting in Jaipur and hold bilateral talks with Commerce and Industry Minister Piyush Goyal in New Delhi.

"The UK and India have a thriving relationship and we both share an ambition to deepen our cultural and trading ties. India is the UK's second biggest source of investment projects and I'm confident this new campaign will help boost interest in and demand for UK goods and services even further," she said.

Her visit coincides with Round 12 of the FTA talks being hosted by New Delhi and her meeting with Goyal will "take stock" of negotiations and agree on how to progress a deal, which is expected to boost bilateral trade already worth GBP 36 billion in 2022.

The UK government said both sides have come forward with an ambitious set of asks and the latest phase of negotiations covers "complex, sensitive, and commercially meaningful issues" including goods, services, and investment.

During her visit, Badenoch is also scheduled to meet some of India's major businesses across a range of sectors, including BP, HSBC, Vodafone, Rolls Royce and Confederation of Indian Industry (CII) on Friday.  (KNN Bureau)