: Liz Truss committed to develop ‘sweet spot’ in ties with India #IndiaNEWS #International London: Newly-elected Conservative Party leader and UK Prime Minister in-waiting Liz Truss is among the
Liz Truss committed to develop ‘sweet spot’ in ties with India #IndiaNEWS #International
London: Newly-elected Conservative Party leader and UK Prime Minister in-waiting Liz Truss is among the senior British politicians known for championing deeper India-UK strategic and economic ties. Liz Truss describes them as a ‘sweet spot’ of global trade dynamics.
After all, it was Truss as International Trade Secretary who signed on the India-UK Enhanced Trade Partnership (ETP) for the Boris Johnson-led government in May last year, which marked the starting point of the ongoing free trade agreement (FTA) negotiations.
The 47-year-old senior Cabinet minister made visits to India and held virtual talks with Commerce Minister Piyush Goyal, during which she described India as a ‘big, major opportunity’.  “I see the UK and India in a sweet spot of the trade dynamics that are building up,� said Truss soon after signing the ETP.
After her promotion as Foreign Secretary, Truss handed over the baton at the Department for International Trade (DIT) to Anne Marie-Trevelyan, who is widely expected to continue in her role as International Trade Secretary and take forward the UK-India FTA talks.
More recently on the campaign trail in her contest with former chancellor Rishi Sunak to be elected Tory leader, Truss reaffirmed that she remains ‘very, very committed’ to strengthen bilateral ties at a hustings event of the party’s Conservative Friends of India (CFIN) diaspora group.
Truss also committed herself to getting the India-UK FTA done, preferably by Diwali – the deadline set by predecessor Boris Johnson – but ‘definitely by the end of the year’. The Prime Minister in-waiting has repeatedly flagged enhanced defence and security cooperation with the Indo-Pacific region in order to meet her ‘network of liberty’ goals as a counter-balance to the aggression of Russia and China.
In a key foreign policy speech earlier this year, Truss declared: “Russia and China are working together more and more, as they strive to set the standards in technologies like artificial intelligence, assert their dominance over the Western Pacific through joint military exercises and in space through closer ties.
“China and Russia have spotted an ideological vacuum and they’re rushing to fill it. They are emboldened in a way we haven’t seen since the Cold War. As freedom-loving democracies we must rise up to face down these threats. As well as NATO we are working with partners like Australia, India, Japan, Indonesia and Israel to build a global network of liberty. �
As Foreign Secretary, she has been at the forefront of the UK’s response to the Russia-Ukraine conflict, imposing tough sanctions and cracking down on Russian assets in the UK.
Latest stock market news Twitter alternate of India
0 Reactions React
More posts by @newsMNC
: Nitish Kumar starts process to unify Opposition #IndiaNEWS #Home News New Delhi: Bihar Chief Minister Nitish Kumar is scheduled to meet CPI(M) general secretary Sitaram Yechury and CPI leader D
0 Reactions React
: Case of mistaken identity in journalist Abu Akleh’s death: Israeli army #IndiaNEWS #International Jerusalem: The Israeli army said Monday there was a ‘high possibility’ that a soldier killed
0 Reactions React
0 Comments
Sorted by latest first Latest Oldest Best
Terms of Use Create Support ticket Your support tickets Stock Market News! © babycheers.com2024 All Rights reserved.