During the summit, apart from exchanging views on regional and global issues of mutual interest, both leaders discussed the Covid-19 situation and ongoing cooperation in the fight against the pandemic, including the successful partnership on vaccines.
PM Modi thanked Prime Minister Johnson for the prompt medical assistance provided by the UK in the wake of the severe second wave of Covid-19 in India.
Prime Minister Johnson appreciated India’s role in extending assistance to the UK and other countries over the last year, including by way of supply of pharmaceuticals and vaccines.
An ambitious ‘Roadmap 2030’ was adopted at the Summit to elevate bilateral ties to a ‘Comprehensive Strategic Partnership’.
The Roadmap will pave the way for a deeper and stronger engagement over the next ten years in the key areas of people to people contacts, trade and economy, defence and security, climate action and health.
The two Prime Ministers launched an ‘Enhanced Trade Partnership’ (ETP) to unleash the trade potential between the 5th and 6th largest economies of the world and by setting an ambitious target of more than doubling bilateral trade by 2030.
As part of the ETP, India and the UK agreed on a roadmap to negotiate a comprehensive and balanced FTA, including consideration of an Interim Trade Agreement for delivering early gains.
The enhanced trade partnership between India and UK will generate several thousands of direct and indirect jobs in both the countries.
India and the UK enjoy long standing friendly ties and share a Strategic Partnership underpinned by mutual commitment to democracy, fundamental freedoms and the rule of law, strong complementarities and growing convergences.