https://arab.news/gnubs
Fifteen months into his time in office, the domestic challenges facing UK Prime Minister Keir Starmer are often highlighted. However, what is less discussed is his string of achievements abroad.
These include the negotiation of a Brexit reset agreement with the EU, plus a trade agreement with India, the Asian giant that is forecast will soon be the third-largest economy in the world, leapfrogging both Germany and Japan.
Bilateral UK-India trade on goods and services is estimated at £41 billion ($54 billion) in the 12 months to September 2024. The trade deal agreed by the two nations in July is expected to significantly boost this figure, such as by reducing tariffs on many goods while opening new market channels for both economies.
Of course, London and New Delhi have long had a unique historical relationship that continues in today’s Commonwealth. What Starmer is seeking to do is entrench this in the context of the new trade deal.
