India and UK join hands to double trade by 2030: Current Affairs Special Series

Team Adda247 and BankersAdda are here with a Current Affairs Special Series for SBI and IBPS interview 2021.  In this series, candidates will be introduced to current affairs topics daily, which will not only improve their general awareness but also will ensure that the candidates do not lack if any current affairs topic is asked in the interview. Today’s Current Affairs topic is India and UK join hands to double trade by 2030,

India and UK join hands to double trade by 2030

Indian PM Modi Narendra Modi and United Kingdom’s PM Boris Johnson will hold a virtual meeting to agree on a deeper relationship between two nations across trade, health, climate and defense.

India and UK are going to announce 1 billion euro in new India-UK trade and investment which includes growing sectors like health and technology also. The UK-India business community has performed its strength over the last week in response to India’s Coronavirus surge. The British Asian Trust raised around 1.6 million euros through their emergency appeal in response to Indian covid cases surgeon the request of Indian High Commission’s request. 5000 empty oxygen cylinders also transferred by the UK which is arrived at Chennai by the Indian Air Force.

Trade and Investment between the UK and India are significant which creates jobs and growth in both countries. The enhanced Trade Partnership is going to create immediate opportunities for businesses across industries including some other aspects which are as follows:

• An Independent risk-contained decision-making process for suitable listing and re-listing of new and de-listed Indian fishery establishments and phased reduction in shrimp sampling protocol. 
• A Commitment for Mutual recognition of Seafarers’ Certificate of Competency will also include. 
• Taskforce under a new healthcare pillar for providing opportunities to Indian nurses and nursing associates who want to work in the UK’s National Health Service will be created.