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UK and India agree to £1 billion bilateral trade and investment deal

Published Tue, May 4, 2021 · 09:50 PM

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London

BRITAIN and India have agreed to a £1 billion (S$1.85 billion) bilateral trade and investment deal ahead of an expected official trade accord later this year.

In a virtual meeting on Tuesday, British Prime Minister Boris Johnson and Indian leader Narendra Modi agreed on a new "enhanced trade partnership, which paves the way for a future bilateral free trade agreement (FTA)".

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