India to Mould Relations with the Uk: Theresa May

After Britain left the European Union(EU), India is one of those countries to mould an “ambitious” new trading relationship with the UK, Prime minister Theresa May  announced in the parliament.  "At this summit, I held a number of meetings with other world leaders, all of whom made clear their strong desire to forge ambitious new bilateral trading relationships with the UK after Brexit. This included America, Japan, China and India," she stated.  In the recently held G20 Summit in the House of Commons at Hamburg, May mentioned that in the meeting with PM Narendra Modi, they had discussions covering  a wide range of major issues which also involved modern day slavery.  On the issue of new trade deals, and in response to the opposition party leader Jeremy Corbyn, she stated that, “I am very happy to tell him (Corbyn) that we are already working with the Americans on what a trade deal might look like. We already have a working group with the Australians, and we have a working group with India as well.” "We are working on trade in three areas. Obviously, one area is looking ahead to the trade agreements we can have with those countries we do not currently have them with as a member of the European Union”, May added in one of her recent statements.  "The third area is working with countries such as India and Australia to discuss what changes we can make now, before we leave the EU, to improve our trade relationship."  May was questioned if she had raised the issue of modern day slavery and child prostitution in India in the course of her meeting with Modi, to which she replied that it was an issue conferred formerly with the Indian PM as the US wants  "people around the world to address it".  "We are very clear that we want to see this issue being dealt with. That is one of the reasons why we have put into legislation the requirement for companies here in the UK, which will be manufacturing and will be sourcing products from around the world, to look at their supply chains and report on what they find in them and whether or not modern slavery is taking place within them," she told Parliament. On the sidelines of G20 Summit in Germany, Modi and May had bilateral talks. Modi has brought up the issue of Indian economy and its offenders like liquor baron Vijay Mallya and IPL chief Lalit Modi, and appealed for UK’s cooperation in extraditing them to face the Indian courts.
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India to Mould Relations with the Uk: Theresa May

Kranthi Tilak Reddy
News Article
04th Aug, 2017
India to Mould Relations with the Uk: Theresa May

After Britain left the European Union(EU), India is one of those countries to mould an “ambitious” new trading relationship with the UK, Prime minister Theresa May  announced in the parliament.

 "At this summit, I held a number of meetings with other world leaders, all of whom made clear their strong desire to forge ambitious new bilateral trading relationships with the UK after Brexit. This included America, Japan, China and India," she stated.

 In the recently held G20 Summit in the House of Commons at Hamburg, May mentioned that in the meeting with PM Narendra Modi, they had discussions covering  a wide range of major issues which also involved modern day slavery.

 On the issue of new trade deals, and in response to the opposition party leader Jeremy Corbyn, she stated that, “I am very happy to tell him (Corbyn) that we are already working with the Americans on what a trade deal might look like. We already have a working group with the Australians, and we have a working group with India as well.”

"We are working on trade in three areas. Obviously, one area is looking ahead to the trade agreements we can have with those countries we do not currently have them with as a member of the European Union”, May added in one of her recent statements.

 "The third area is working with countries such as India and Australia to discuss what changes we can make now, before we leave the EU, to improve our trade relationship."

 May was questioned if she had raised the issue of modern day slavery and child prostitution in India in the course of her meeting with Modi, to which she replied that it was an issue conferred formerly with the Indian PM as the US wants  "people around the world to address it".

 "We are very clear that we want to see this issue being dealt with. That is one of the reasons why we have put into legislation the requirement for companies here in the UK, which will be manufacturing and will be sourcing products from around the world, to look at their supply chains and report on what they find in them and whether or not modern slavery is taking place within them," she told Parliament.

On the sidelines of G20 Summit in Germany, Modi and May had bilateral talks. Modi has brought up the issue of Indian economy and its offenders like liquor baron Vijay Mallya and IPL chief Lalit Modi, and appealed for UK’s cooperation in extraditing them to face the Indian courts.

Kranthi
Blog Author

Kranthi Tilak Reddy is one of the co founders and COO of White Matter Advisory services P Ltd. He is an Engineering graduate from SRM University and has done his Masters in finance.Being a true go-getter and an optimist to the core he has grown up the ranks in banking industry at an astonishing rate, his last stint being Associate Director, Business Clients -South with Standard Chartered Bank. With over 10 years of association with SME businesses and clients he certainly brings rich vein of expertise to the WMA table but more importantly his alluring passion towards great and customer service” the foundation on which he asserts WMA has been built.

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