Author name: Indo UK

Defence and security

India and the UK will work in strategic partnership to strengthen efforts to tackle cyber, space, crime and terrorist threats and develop a free, open and secure Indo-Pacific Region. Our shared interests will underpin greater cooperation in multilateral fora where a strengthened UK India relationship will build understanding among diverse partners on international security and

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Cooperation in nuclear domain

Enhance bilateral collaboration on nuclear matters building on the UK-India Joint Working Group, to include mutually beneficial exchanges on nuclear energy, nuclear security and safety, non-proliferation, decommissioning and waste management. Strengthen UK-India exchanges on disarmament and non-proliferation issues and UK’s support for India’s membership in the Nuclear Suppliers Group.

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Space

Set up appropriate mechanisms to strengthen India-UK space cooperation for peaceful purposes in all areas of mutual interest including joint satellites, hosting of payloads, space technology applications, industry interactions and enhanced information sharing, addressing barriers to commerce and increasing bilateral trade in space goods and services. Develop an India-UK space cooperation framework including on global

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Smart and sustainable urbanisation

Launch a new phase of cooperation on urbanisation by supporting smart and sustainable cities, promoting investments, promoting climate action and disaster risk reduction in cities, developing effective solid waste management and treatment and promotion of a circular economy, facilitating sustainable cooling solutions, digitalisation and smart tech, developing effective water supply and sanitation and innovation in

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Economic co-operation

Develop the UK-India partnership on economic cooperation, including through the IES-GES economic exchange, and collaboration on new priority economic reform areas such as sharing of experience on privatization. Work together to strengthen global economic governance, partnering in multilateral economic fora such as G20, World Bank and IMF to strengthen global growth and tackle emerging issues.

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Investment

Identify priority areas for partnership and investment in existing and new areas of cooperation including, new and renewable energy, creative industries, advanced engineering, agri-tech, healthcare and life sciences including pharmaceuticals, infrastructure, metallurgy, automotive and agricultural engineering, defence, food processing industry etc. Encourage UK companies to invest in India’s manufacturing sector taking advantage of the Production

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Financial cooperation

Continue to strengthen cooperation under the Economic and Financial Dialogue, held on an annual basis, to realise the potential for increased financial services trade between our two countries. Implement the new annual India-UK Financial Markets Dialogue to share expertise, experiences and deepen collaboration between our financial sectors by July 2021. Deliver the new UK-India strategic

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Trade

1 Free Trade Agreement – Confirm our intent to finalise the pre-negotiation scoping phase for a Comprehensive Free Trade Agreement by the end of 2021. This will resolve market access issues, boost exports and strengthen our trade partnership across a comprehensive range of areas. Both sides will undertake respective scoping, consultations and domestic processes, with

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Connectivity

Explore initiatives to improve connectivity between India and the UK and seek synergies between our cooperation on connectivity projects with third countries including in the Indo-Pacific region, respecting countries’ sovereignty and territorial integrity. Work towards renewing our air services agreement following the UK’s departure from the European Union.

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