India UK Trade Deal: New UK parliamentary body to promote trade and investment links with India

A new UK cross-party parliamentary body was created to promote trade, investment and people-to-people relations with India, supported by the British Indian think tank 1928 Institute.

The India (Trade and Investment) All Party Parliamentary Group (APPG) was formally registered last week as part of celebrations marking the 75th anniversary of India’s independence and is made up of 25 MPs and colleagues of various political affiliations.

With the stated goal of promoting trade and investment between India and the UK for the mutual benefit of their citizens, while building an inclusive living bridge between the two countries, the new APPG hopes to expand the ongoing India-UK Free Trade Agreement (FTA ) to support. Negotiations and promoting their benefits as soon as they are completed.

“With India on the 75th year of independence, the creation of an all-party parliamentary group focused on India will set the pace between the UK Parliament and India/Indians,” said Navendu Mishra, MP for the opposition Labor Party of Indian origin for Stockport in North America. West of England and Co-Chair of the new APPG.

“Investing in people is the best way to ensure economic stability and this APPG aims to benefit the peoples of both the UK and India. In particular, I look forward to bringing investment to Stockport and the Greater Manchester region, both from stronger cultural ties and leveraging the trade agreement,” he said.

“Furthermore, what better way to celebrate 75 years of independence than to strengthen the living bridge between countries and cement an equal partnership between these two great nations,” he added.

From traveling around different parts of the UK to visiting India, the India (Trade & Investment) APPG said it will work with various stakeholders and encourage beneficial collaborations.

“It is a new chapter in the history of the India-British trading partnership and I will work tirelessly to ensure that we get the best free trade agreement possible and that it is used thereafter. The formation of the group coincides with India’s 75th year of independence and it will be a parliamentary driving force behind the story between Britain and India for years to come,” said Lord Karan Bilimoria, Indian-born businessman and co-chair of the APPG.

“This APPG will be the link that not only connects British and Indian politicians, but also connects businesses and entrepreneurs to fuel the growth of start-ups,” added Baroness Sandy Verma, the President of the new group.

The APPG is chaired by Conservative MP Bob Blackman and other MPs of Indian descent are vice-chairs including Lord Meghnad Desai, Baroness Usha Prashar, Labor MP Virendra Sharma and Tory MP Gagan Mohnidra.

“We are honored to support the APPG as its secretariat and look forward to working with diverse partners to advance trade, investment and development,” said the 1928 Institute, an Oxford University spin-out focused on India Diaspora research focused in the UK.

“We intend to create an energetic, inclusive and pluralistic space to accelerate the improvement of material conditions for all. Our vision encompasses opportunities from Pembrokeshire to Punjab and we encourage you to get in touch with us to help shape this emerging space,” it said.

The new APPG will officially start work when Parliament resumes after its summer recess under a new Prime Minister in September.

APPGs are informal, cross-party groups in the UK, formed by MPs and Members of the House of Lords who have a common interest in a particular policy area, region or country and have no official status within Parliament.

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