City
Epaper

Piyush Goyal embarks on UK visit to reinforce momentum on bilateral trade pact

By IANS | Updated: June 18, 2025 10:13 IST

New Delhi, June 18 Union Commerce and Industry Minister Piyush Goyal on Wednesday embarked on a high-level, two-day ...

Open in App

New Delhi, June 18 Union Commerce and Industry Minister Piyush Goyal on Wednesday embarked on a high-level, two-day visit to the United Kingdom, to reinforce strategic momentum on India–UK Free Trade Agreement (FTA) and deepen bilateral economic cooperation.

At a time of evolving global trade dynamics, Goyal’s visit aims to accelerate bilateral engagements, harness emerging opportunities, and lay a robust foundation for a forward-looking, resilient, and mutually beneficial economic relationship, according to a Commerce Ministry statement.

The visit underscores India’s strategic focus on strengthening its economic and trade partnership with the UK, particularly in the backdrop of the announcement by the two Prime Ministers to conclude the India–UK FTA.

During the visit, Goyal will hold a bilateral meeting with the UK Secretary of State for Business and Trade, Jonathan Reynolds.

Both leaders will review the progress made in the ongoing FTA negotiations and chart out a clear, time-bound roadmap for its finalisation and implementation.

The minister will also meet the UK Chancellor of the Exchequer, Rachel Reeves, to discuss macroeconomic priorities, financial cooperation, and investment facilitation between the two countries, according to the ministry.

In addition, Goyal is scheduled to engage with Secretary of State for Culture, Media and Sport, Lisa Nandy, to explore avenues of collaboration in creative industries and innovation-driven sectors.

He will also participate in multiple high-impact sessions at the prestigious India Global Forum (IGF), including the Mainstage Plenary, the Future Frontiers Forum, and a roundtable titled ‘From Agreement to Action: UK–India FTA’.

These engagements will bring together global business leaders, investors, and policy experts to deliberate on the strategic contours of the India–UK economic corridor and the transformative impact of the proposed FTA.

The minister is expected to interact with leading CEOs and industry stakeholders from key sectors including shipping, fintech, logistics, and advanced manufacturing, with a view to deepening commercial linkages and promoting cross-border investments.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

NationalNaveen Patnaik delegates party responsibilities to BJD Political Affairs Committee amid medical treatment

InternationalSouth Africa: Gauteng confirms 181 measles cases since January

HealthSouth Africa: Gauteng confirms 181 measles cases since January

CricketIND vs ENG, 1st Test: Mukesh Kumar Shares Cryptic ‘Karma’ Post After Being Overlooked for England Test

AurangabadNumerologist Swetta Jumaani in city from June 21 to 24

Technology Realted Stories

TechnologyAir India to cut international flights on wide body aircraft by 15 pc

TechnologyKarnataka security guard held for uploading nude videos, 13,500 obscene images found on phone

TechnologySAIL beefs up Indian Navy’s INS Arnala with special steel

TechnologyFM Sitharaman urges fintechs to look beyond cities, tap into rural India's potential

TechnologyMedia report on RBI scrutiny unverified and malicious: Standard Chartered Bank