Boris Johnson to announce a range of new commercial agreements

Boris Johnson to announce a range of new commercial agreements

British Prime Minister Boris Johnson will announce a raft of commercial agreements to hail a “new era” in bilateral trade and investment ties during his visit to India.

A high Commission from the UK said that both countries’ businesses will confirm more than 2 billion pounds in new investments and export deals on Tuesday. The investment will be done with a focus on creating almost 11,000 jobs across the UK from software engineering to health.

The statement stated that PM Johnson will use his visit to boost collaboration with one of the fastest-growing economies, slashing trade barriers for UK businesses and driving jobs and growth in the UK.

The two-day visit of PM Johnson will further expand ties between the two nations and exchange views on global challenges including the crisis Ukraine crisis and the Indo-Pacific situation.

Johnson quoted, “As I arrive in India today, I see vast possibilities for what our two great nations can achieve together. From next-generation 5G telecoms and AI to new partnerships in health research and renewable energy- the UK and India are leading the world”. He further added that this powerhouse partnership will deliver jobs, growth and opportunities for their people and will go strength to strength in the coming years.