Monday 7 November 2016

India-Britain sign two key agreements

Advancing business through agreements, Prime Minister Narendra Modi and British PM Theresa May witness exchange of MoUs in Intellectual Property and the Ease of Doing Business. Earlier, Prime Minister Modi addressed the India UK Tech Summit along with his British counterpart in Delhi. PM Modi said Science is universal but technology must be local. He also added that the India-U.K. bilateral trade has
remained the same in the last five years and India is the third-largest investor in the U.K. He asserted that 'Make in India' would be a key aspect in the cooperation. PM Modi also said India and UK must continue to nurture research in various sectors including healthcare that can fight global challenges.

PM also elaborated on the flagship programmes of the centre including digital India. 

UK Prime Minister Theresa May said India and the U.K. must help each other break down barriers. She said there is so much potential when it comes to India-Britain relationship. 

Theresa May also announced 'Swifter' UK Visa Process for Indians. 

British Prime Minister Theresa May will also hold talks with PM Narendra Modi covering a range of issues of mutual interest. Several agreements are expected to be signed following the meeting. 

The British PM is on a two day visit to India to boost economic and trade ties between the two countries. 

Her visit to India is significant as it comes in after of Brexit seeking British business interests. 

It is May's first state visit outside Europe since she assumed the office of Prime Minister, following the Brexit referendum. 

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