During the ongoing official visit of U.K. Prime Minister Keir Starmer to India, India’s Commerce Minister Piyush Goyal and his U.K. counterpart, Kyle, reaffirmed the commitment to double bilateral trade between India and the United Kingdom by 2030. The discussion forms part of broader efforts to enhance economic and strategic cooperation between the two countries.

The announcement comes amid a series of high-level meetings aimed at strengthening trade relations, investment flows, and collaborative partnerships across sectors such as technology, energy, infrastructure, and manufacturing. Both ministers highlighted the importance of creating a robust framework for trade, including policies that facilitate smoother investment, reduce barriers, and encourage joint ventures.

The U.K. delegation, accompanying Prime Minister Starmer, emphasized that India remains a key economic partner, offering substantial opportunities for trade expansion. The discussions focused on long-term strategies to increase trade volumes, encourage innovation-driven partnerships, and enhance sectoral collaborations. By setting a target to double bilateral trade by 2030, both nations are signaling a shared vision of deepening economic ties and leveraging complementary strengths.

Commerce Minister Goyal stated that India is committed to building a strong partnership with the U.K., emphasizing that increased trade will create jobs, boost investments, and drive innovation in both countries. Kyle, representing the U.K., echoed the sentiment, emphasizing that mutual cooperation is critical in navigating global economic uncertainties and ensuring sustainable growth.

The discussions also addressed enhancing regulatory cooperation, improving market access, and facilitating digital trade initiatives. Both sides agreed to promote investments in key sectors such as clean energy, fintech, healthcare, and technology, ensuring that bilateral trade growth is inclusive and sustainable. These initiatives are expected to strengthen economic resilience and support both nations in achieving long-term growth objectives.

Historically, India-U.K. trade has been significant, with the U.K. being one of India’s largest trading partners in Europe. Both countries have continuously worked on frameworks to boost trade and investment, and this commitment to double trade by 2030 reflects a strategic effort to accelerate economic engagement. The initiative is expected to enhance mutual business confidence, promote innovation, and foster a stronger bilateral economic ecosystem.

In addition to trade, the discussions during Prime Minister Starmer’s visit highlighted collaboration in education, research, and sustainable development, ensuring that the partnership goes beyond commerce to create broader societal and technological benefits. Both nations underscored the importance of aligning economic strategies with global sustainability goals while promoting growth and development domestically.

In conclusion, the reaffirmation by Commerce Minister Goyal and U.K. counterpart Kyle to double bilateral trade by 2030 underscores a strong commitment to deepening India-U.K. economic ties. With a focus on strategic sectors, investment facilitation, and collaborative partnerships, this commitment aims to strengthen economic resilience, create employment opportunities, and promote sustainable growth for both nations. The ongoing official visit of Prime Minister Keir Starmer serves as a platform to accelerate these initiatives and reinforce the vision of a thriving bilateral economic relationship in the years ahead.

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