According to the statement, during the visit, Piyush Goyal will hold a high-level bilateral meeting with Britain’s Business and Trade Secretary Peter Kyle. The main objective of this meeting is to review the preparations for effectively implementing CETA and DCC and to further strengthen the economic partnership between the two countries.
The meeting will discuss coordination of regulatory processes, simplification of customs regime and finalization of administrative mechanisms required for smooth implementation of the agreements. The two sides will also review preparations for tariff liberalization under CETA, which is expected to provide greater opportunities to Indian exporters in the UK market.
Apart from this, the roadmap for the implementation of the Double Contribution Convention (DCC) will also be discussed. This agreement will temporarily reduce the problem of double social security contributions for professionals and employees working abroad, thereby promoting global movement of businesses and professionals.
The statement further said that issues related to market access in various service sectors will also be discussed in the talks between India and Britain. Both countries will consider measures to further strengthen bilateral trade and investment relations. This initiative is considered important towards expanding global economic opportunities and promoting rules-based transparent trading system in line with the vision of ‘Developed India’.
During his visit, Union Minister Piyush Goyal will also participate in several important Government-to-Business (G2B) programs. He will address the inaugural session of the India Global Forum (IGF). During this his topic will be “Capital, Innovation and the UK-India Moment”. This session will discuss emerging opportunities for global business after the implementation of India-UK CETA.
Piyush Goyal will also hold separate meetings with senior executives of several leading global companies during his UK visit, including companies like HSBC (Global Trade Solutions) and Rolls-Royce. Strategic investments, industrial cooperation and expansion of manufacturing partnerships in India will be discussed in these meetings.
According to the statement, the Union Minister will also participate in the Business Plenary and a special lunch event organized by the UK-India Business Council (UKIBC). The event will be attended by top executives from leading multinational companies such as Tata Group, TCS, HSBC, Prudential, De Beers and Baker McKenzie, where new trade and investment opportunities under the India-UK Economic Partnership will be discussed.
Piyush Goyal will chair a special roundtable discussion organized by Asia House in London to further strengthen dialogue with investors and global industry. Senior officials from international financial and industrial institutions like JP Morgan, Standard Chartered, Lloyds, Morgan Stanley and Arup will participate in this meeting. The focus of the discussion will be India’s industrial competitiveness, investment climate and India’s role in the global supply chain.
At the end of the visit, Piyush Goyal will also interact with the Indian industry delegation, representatives of the British-Indian business community and global education groups. It is believed that this visit will give a new impetus to the economic cooperation between India and Britain and will play an important role in achieving the target of bilateral trade of $ 120 billion between the two countries by the year 2030.
Akhilesh himself will remain trapped in the maze of cunningness and cleverness: Naqvi!
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