Theresa May Seeking Deeper India Ties

Britain should not wait until it leaves the European Union to develop deeper trade ties with India, Prime Minister Theresa May said in New Delhi on Monday, promising to ease access for Indian business travellers but not for its students.

Making her first visit to India since taking office in July, May described the potential of the British-Indian relationship as “limitless” and announced a scheme to make it quicker and easier for Indian business travellers to clear passport control.

“I will be discussing with Prime Minister Modi how we can increase the detail and depth of our trade and investment discussions, and identify what more we can do, now, to unleash our businesses, industries, exporters and investors,” May told an India-UK Tech Summit in New Delhi at the start of a two-day trip that will take her on Tuesday to the tech hub of Bengaluru.

Reuters

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Former Craig

Former Craig

Former Senior Market Analyst, UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a market analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and SKY News. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.