Government Approves India-UK Trade Liberation Pact
Prime Minister Narendra Modi embarks on an official four-day visit to the United Kingdom and Maldives starting on July 24. During his stay in London, he will engage in a series of significant events, including the signing of a long-pending Free Trade Agreement (FTA) with British Prime Minister Keir Starmer.
The FTA signing is a significant milestone in the bilateral relations between India and the UK. This agreement, which is not the only one to be signed during the visit, is expected to take place on July 24 in London. The Union Cabinet has already approved this historic FTA.
Meanwhile, a separate incident has unfolded in India. The Enforcement Directorate (ED) has arrested three individuals, including a former Congress MP of Andaman & Nicobar, in a bank loan fraud case. The arrests are part of the ongoing investigation into the case, and it's important to note that this incident is unrelated to Prime Minister Modi's visit to the UK and Maldives.
In a surprising turn of events, the National Congress Party leader, Sharad Pawar, has expressed his support for Prime Minister Modi in the ongoing age debate. This unexpected show of solidarity adds an interesting layer to the political landscape in India.
The FTA between India and the UK is expected to bolster economic ties between the two nations and contribute to mutual growth. As Prime Minister Modi's visit to the UK and Maldives marks a new chapter in international relations, it's clear that there's much to look forward to in the days ahead.
On a different note, the Securities and Exchange Board of India (Sebi) has cleared Gautam Adani and group entities from allegations made by Hindenburg Research. This clearance brings a sense of relief to the Adani Group, which has been under scrutiny recently.
As Prime Minister Modi's visit unfolds, the focus remains on the FTA signing and the potential benefits it will bring to both nations. The visit also serves as a platform for strengthening diplomatic ties and fostering mutual understanding between India and the UK.
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