Jaishankar, UK counterpart Liz Truss discuss trade, investment, security
On Monday, the External Affairs Minister, Dr. S Jaishankar held a telephonic conversation with Liz Truss, Secretary of State for Foreign, Commonwealth, and Development Affairs, UK.
Jaishankar discussed various issues including trade, investment, and security with his UK counterpart Liz Truss. The External Affairs Minister has also invited her to visit India for bilateral talks.
According to the UK’s Department for International Trade, the total trade in goods and services (exports plus imports) between the UK and India was 19.8 billion pounds in the four quarters to the end of Q2 2021, a decrease of 7 percent from the four quarters to the end of Q2 2020.
Of this, the total UK exports to India amounted to 7.3 billion pounds in the four quarters to the end of Q2 2021 (a decrease of 9.5 percent compared to the four quarters to the end of Q2 2020), and the total UK imports from India amounted to 12.5 billion pounds in the four quarters to the end of Q2 2021 (a decrease of 5.5 percent compared to the four quarters to the end of Q2 2020).
India was the UK’s 15th largest trading partner in the four quarters to the end of Q2 2021 accounting for 1.6 percent of total UK trade.
With regards to her conversation with Jaishankar, Liz Truss tweeted, “Good call with Dr. S Jaishankar ahead of Anne-Marie Trevelyan visiting India this week for trade talks. We discussed: Boosting trade between and Pipeline of new projects for British International Investment Closer defence and security cooperation.”
👉 Boosting trade between 🇬🇧 and 🇮🇳
👉 Pipeline of new projects for British International Investment
👉 Closer defence and security cooperation pic.twitter.com/i7oZxGeSIw
— Liz Truss (@trussliz) January 10, 2022
[With Inputs from IANS]
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