PM Modi to fly to England, Maldives for a mega deal..!?
Indian prime minister Narendra Modi will pay a major visit to england and the maldives from July 23 to 26, with the aim of strengthening India's diplomatic and economic ties. The first leg of his visit will be to the UK on July 23 and 24. There, he is expected to finalise the historic India-UK Free Trade Agreement (FTA). The deal aims to double bilateral trade to $120 billion by 2030. india and the UK, the world's fifth and sixth largest economies, are set to finalise the deal soon after three years of negotiations. After the agreement is signed, it will come into effect only after it is ratified by the UK parliament and approved by the indian Cabinet. It is expected to take about a year to be fully implemented.
Earlier in May, india signed 13 MoUs with india to improve ferry services, expand maritime connectivity, and improve social livelihoods in the Maldives. india has said it will provide a grant of 100 million Maldivian rupees (MVR) for the project. maldives is India's key maritime neighbour in the indian Ocean Region (IOR). The maldives has been a key player in India's 'SAGAR' and India's 'Neighbourhood First' policies. Earlier in January, Defence minister Rajnath Singh had also stressed that the maldives holds a special place in India's 'Neighbourhood First' policy. india has formulated the 'Neighbourhood First' policy with the aim of bringing stability and prosperity to the indian Ocean region.
Earlier in May, india signed 13 MoUs with india to improve ferry services, expand maritime connectivity, and improve social livelihoods in the Maldives. india has said it will provide a grant of 100 million Maldivian rupees (MVR) for the project. maldives is India's key maritime neighbour in the indian Ocean Region (IOR). The maldives has been a key player in India's 'SAGAR' and India's 'Neighbourhood First' policies. Earlier in January, Defence minister Rajnath Singh had also stressed that the maldives holds a special place in India's 'Neighbourhood First' policy. india has formulated the 'Neighbourhood First' policy with the aim of bringing stability and prosperity to the indian Ocean region.