Welcome the bilateral Technology Security Initiative and the desire to conclude a mutually beneficial FTA,’’ said Modi.While TSI will be coordinated by the NSAs, India and UK also decided to set up a bilateral mechanism led by India’s Ministry of External Affairs and the UK government for promotion of trade in critical and emerging technologies, including resolution of relevant licensing or regulatory issues.“This government will put growth at the heart of our foreign policy. That’s why three weeks into the job, I am in Delhi announcing a new Technology Security Initiative to deliver on the promise of the UK-India relationship,” said Lammy, while announcing the initiative.According to a Indian readout, both sides appreciated the substantial progress made in the India-UK FTA negotiations and looked forward to its early conclusion to achieve a mutually beneficial FTA,” said the Indian government in a statement.The two sides also agreed to deepen defence and security cooperation, in the Indo-Pacific and beyond, and to enhance capacities to address growing threats from non-state actors. They discussed regional and global issues like the Russia-Ukraine war and the situation in West Asia. ``He will discuss partnering on Indian-led global initiatives to build clean power access, climate resilience in the global south and small island states,’’ it said.``The Foreign Secretary will underscore the importance of the Living Bridge between the UK and India. It represents the 1.7 million people with Indian heritage that have made their home in the UK and make an exceptional contribution to British life,’’ added the high commission in its statement.


Source:   The Times
July 25, 2024 12:08 UTC