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Modi holds summit meeting with UK Prime Minister, announces trade and investment of one billion pounds


According to the statement, this includes the investment of 24 million Great Britain pounds (GBP) from the Serum Institute. The investment will be made in the vaccine business and new sales office in the UK. This is expected to generate more than one billion dollars of new business.

New Delhi. Prime minister Narendra Modi On tuesday Britain Prime minister Boris johnson The ‘online’ summit meeting was aimed at further deepening the relationship in various fields including health and business. On this occasion, the Prime Minister of Britain announced UK-India trade and investment worth one billion pounds. According to a statement from the UK Prime Minister’s Office, this trade and investment will generate more than 6,500 jobs in the UK. The package includes new Indian investment of 53.3 million pounds in the UK. This is expected to generate more than 6,000 jobs in key sectors such as health and technology. According to the statement, this includes the investment of 24 million Great Britain pounds (GBP) from the Serum Institute. The investment will be made in the vaccine business and new sales office in the UK. This is expected to generate more than one billion dollars of new business.

Both sides can issue a 10-year framework at the conclusion of the summit. The purpose of this framework is to further strengthen the relationship. Prior to the summit, the Ministry of External Affairs said on Sunday that the meeting would be an important opportunity to take multidimensional strategy relations to a new height and increase cooperation on regional and global issues related to bilateral interests. The ministry had said, “A comprehensive framework will be released during the summit.” This will pave the way for further deepening of Indo-Brienne cooperation in five key areas over the next decade. ”Johnson was scheduled to visit India last month but his trip was postponed due to the Corona virus epidemic. Earlier, in January too, Johnson had plans to come to India to attend the Republic Day celebrations as the chief guest, but the trip was postponed due to an outbreak in Britain.

Disclaimer:Prabhasakshi has not edited this news. This news has been published from PTI-language feed.

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