UK and India step closer to trade deal, agreeing investment and migration pacts


  • World
  • Wednesday, 05 May 2021

FILE PHOTO: Britain's Prime Minister Boris Johnson meets Indian Prime Minister Narendra Modi at a bilateral meeting during the G7 summit in Biarritz, France August 25, 2019. Jeff J Mitchell/Pool via REUTERS

LONDON (Reuters) - Britain and India announced 1 billion pounds ($1.39 billion) of private-sector investment and committed to seek a free trade deal as Prime Minister Boris Johnson hailed a new era in bilateral relations on Tuesday.

Johnson held a virtual meeting with Indian Prime Minister Narendra Modi, replacing a trade visit he had to cancel last month due to surging COVID-19 cases in India.

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