Print

Looking forward to tangible outcomes of our shared vision: Piyush Goyal in UK

Union Commerce and Industry Minister Piyush Goyal on Wednesday expressed optimism about the future of India-UK relations, stating that he looks forward to tangible outcomes from the two countries’ shared vision for economic growth and cooperation.

Goyal is currently on a five-day visit to London, Oslo, and Brussels, aimed at strengthening India’s trade and investment ties with the UK, Norway, and the European Union.

“Wonderful to be joined by @DavidLammy, Secretary of State for @FCDOGovUK, at the joint India-UK business reception held at Lancaster House,” Goyal said in a post on X.

He also addressed the gathering alongside the UK Secretary of State for Business and Trade, Jonathan Reynolds, where he spoke about the promising future of the India-UK partnership.

Expressing his appreciation, the minister said he was “immensely grateful for the warm and gracious hospitality extended by our UK partners” and added, “Looking forward to tangible outcomes of our shared vision.”

During his visit, Goyal also participated in a business roundtable attended by top industry leaders and CEOs from both countries. He highlighted opportunities to deepen bilateral economic ties, encourage innovation-led growth, and expand avenues for investment.

“Addressed the India-UK Business Roundtable, bringing together prominent business leaders and CEOs from both countries. Highlighted opportunities to strengthen economic ties, drive innovation-led growth, and expand investment avenues between India and the UK,” he noted in another post on X.

Goyal also met with UK Secretary of State for Business and Trade, Jonathan Reynolds, to advance the ongoing Free Trade Agreement (FTA) negotiations. He described the meeting as “productive” and reaffirmed both countries’ commitment to deepening economic cooperation.

India and the UK are working to conclude the FTA talks soon, particularly as global trade faces headwinds from rising US tariffs. The proposed agreement covers 26 chapters, including goods, services, investments, and intellectual property rights.

—IANS

RELATED ARTICLES

4 hours ago | india aus ties

India, Australia set to deepen defence ties at ministers’ dialogue in Delhi

Defence Minister Rajnath Singh and Australian Deputy Prime Minister and Defence Minister Richard Marles will co-chair the second India-Australia Defence Ministers’ Dialogue in New Delhi on June 1, with discussions set to focus on expanding strategi...

5 hours ago | nuclear deal

Donald Trump says Iran deal near, warns military option remains

US President Donald Trump said the United States is close to reaching a nuclear agreement with Iran but warned that military action remains an option if negotiations fail. In an interview with Fox News at the White House, Trump said his administrati...

10 hours ago | Cotton custom duty

Centre waives customs duty on cotton imports till Oct 31 to support textile industry

The central government has announced a temporary exemption from all customs duties on cotton imports from June 1, 2026, to October 31, 2026, in a move aimed at improving the availability of cotton for India's textile industry. According to the Minis...