Business Standard

India, UK natural partners, says May

Image

IANS New Delhi

Stressing that India and the UK share a "natural partnership", British Prime Minister Theresa May on Monday said the two nations have "much potential" in boosting their relationship.

Addressing the inaugural session of the India-UK Tech Summit here, May said that Britain believed in free trade between the two countries.

"We believe in free trade...we can breakdown barriers and improve trade," she said.

May said India invests more in UK than in any other European country, and similarly the UK invests in India more than other any other G-20 country.

May also talked about common values of democracy and rule of law between the two nations, saying that a large number of Indian origin people live in the UK and the two nations "can work together to shape the future".

 

The visiting leader also expressed hope to take bilateral trade to the next level.

She also announced that Indian business visitors would now be eligible for the Registered Traveller Scheme of the UK which is aimed at a facilitative visa regime.

She stressed that with Brexit, the UK would forge a new global outlook and her visit to India is aimed at greater trade and investment and fewer trade barriers.

The British Prime Minister, who is on a three-day India visit, is accompanied by a large trade delegation.

--IANS

sk/rn

Disclaimer: No Business Standard Journalist was involved in creation of this content

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Nov 07 2016 | 1:52 PM IST

Explore News