UK India Business Council

ASEAN comprises Brunei Darussalam, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand, and Vietnam

This committee will oversee the implementation of the initiative, focusing on projects such as national highways, regional rapid transport systems, and renewable energy ventures

UK-India Business Council (UKIBC), a trade body with a mission to grow trade and investments between the two countries, on Monday said the negotiations on the Free Trade Agreement (FTA) should conclude before the general elections due in both nations next year. Thirteen rounds of negotiations have been already completed between India and the UK on the FTA. "Because of the general elections in India and the UK going to polls next year, it is important that the negotiations for the proposed FTA are concluded early. Otherwise, there will be a pause in the negotiations while the general elections are on," UKIBC Managing Director Kevin McCole said. He said though the election date in the UK has not yet been fixed, the polls may be held between May and November next year. There is a risk that negotiations may have to pause till the elections in India and the UK are over, he said. McCole also said that the bilateral investment treaty between the two countries will help investments from t

Rishi Sunak will be leading his first Conservative Party conference as British Prime Minister this weekend and goes into the annual event starting on Sunday amid pressure from his backbenches over cutting taxes as the governing party prepares for a general election, expected in 2024. His predecessor, Liz Truss, who had a historically brief run at 10 Downing Street last year after her attempt at slashing taxes in a controversial mini-budget and former Indian-origin home secretary Priti Patel are among the Tory MPs openly voicing their discontent. It came after the Institute for Fiscal Studies (IFS) think tank issued a forecast this week that tax levels in the UK are at their highest since records began 70 years ago. This unprecedentedly high tax burden is one of the reasons our economy is stagnating and why we need to cut taxes to help make Britain grow again, tweeted Truss. We should always seek to reduce the tax burden, especially when there's so much pressure on family budgets, s

Prime Minister Rishi Sunak has unveiled a voluntary partnership between social media companies and the UK government to accelerate action to tackle people smuggling content online, such as criminals sharing information about illegal English Channel crossings. In an announcement over the weekend, Sunak said the move would help meet his stop the boats target of clamping down on illegal migrants being charged large sums by human traffickers to make dangerous crossings across the high seas. The online content being targeted by the new partnership would cover discount offers for groups of people, free spaces for children, offers of false documents and false claims of safe passage all of which the government says target vulnerable people for profit and put people's lives at risk through dangerous and illegal journeys. To stop the boats, we have to tackle the business model of vile people smugglers at source, said Sunak in a statement released by 10 Downing Street. That means clamping do

UK Trade Secretary Kemi Badenoch arrives in New Delhi on Monday to kickstart the sixth round of free trade agreement (FTA) negotiations and hold bilateral talks with her Indian counterpart Piyush Goyal. The new round marks the first formal meeting between the India-UK negotiating teams since July and the first since Rishi Sunak took charge as British Prime Minister. His Trade Secretary will address both teams of senior negotiators ahead of the sixth round of formal negotiations, scheduled to take place throughout the week. I'm here in New Delhi to kickstart round six of UK-India trade negotiations and meet my counterpart (Commerce and Industry) Minister Goyal in person to drive progress on this agreement, said Badenoch. Both nations have come to the table with the very highest of ambitions and a willingness to work together towards a mutually beneficial deal. I'm excited about the opportunities we can create for British business, she said. India and the UK are the 5th and 6th bigg

Negotiations for a trade deal between both nations started in January this year, and the deal is expected to be signed by Diwali

Reduction in tariffs on auto components can result in more manufacturing investment in India, and if the UK were to reduce tariffs on Indian textiles, it could be a win-win, says Kevin McCole

The first Indian to take charge as CEO of the influential council, Jayant Krishna tells Subhayan Chakraborty many UK firms are exploring India as a large incremental base for manufacturing and R&D

The UK India Business Council signed a Memorandum of Understanding (MoU) with Industrial Extension Bureau (iNDEXTb), Industries and Mines Department, Government of Gujarat, the premier agency focused on accelerating industrial development in the state.This collaborative partnership between the UKIBC and the Government of Gujarat will help to boost business and industrial development in the state. It will also aim to proactively enhance the business environment and strengthen collaboration with British businesses in Gujarat.The MoU was signed at a virtual roundtable by Neelam Rani, Managing Director, Industrial Extension Bureau (iNDEXTb), Government of Gujarat and Kevin McCole, Managing Director, UKIBC in the presence of Peter Cook, Deputy High Commissioner, British Deputy High Commission - Ahmedabad, MK Das, Principal Secretary (Industries and Mines Department), Government of Gujarat and Arti Kanwar, Resident Commissioner & Commissioner (Investment Promotion), Government of ...

This campaign is being delivered in partnership with the United Nations Development Programme and will map the activities of businesses and universities against the UNs' Sustainable Development Goals

Britain's decision to leave the European Union will not have much impact on UK-India economic ties, says Richard Heald