Mon, 10 May 2021

NEW DELHI, May 4 (Xinhua) -- Indian Prime Minister Narendra Modi and his British counterpart Boris Johnson on Tuesday held a virtual summit and signed nine agreements, according to the Ministry of External Affairs of India.

The agreements were signed on areas including trade, innovation, digital technology, telecommunication, customs cooperation, medical products regulation, and pharmaceutical cooperation.

During the virtual summit, "Roadmap 2030" was adopted to elevate bilateral ties to a "comprehensive strategic partnership".

According to an official statement issued by the Ministry of External Affairs, the Roadmap 2030 will pave the way for a deeper and stronger engagement over the next 10 years in the key areas of people-to-people contacts, trade and economy, defence and security, climate action and health.

The two leaders also discussed the COVID-19 situation and the ongoing cooperation in the fight against the pandemic, including the successful partnership on vaccines.

They also launched an "Enhanced Trade Partnership (ETP)" to unleash the trade potential between the two economies, and set an ambitious target of more than doubling bilateral trade by 2030.

As a part of the ETP, the two countries agreed on a roadmap to negotiate a comprehensive and balanced Free Trade Agreement (FTA), including consideration of an Interim Trade Agreement for delivering early gains. The enhanced trade partnership between India and Britain will generate several thousands of direct and indirect jobs in both countries, said the ministry's statement.

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