The much-awaited Free Trade Agreement (FTA) between India and the UK will be ratified at the G-20 summit meeting to be held in Bali, Indonesia in mid-November. On the sidelines of this meeting, there will be bilateral talks between Britain's newly elected PM Rishi Sunak and PM Modi.
Preparations have started in both countries for the final decision on FTA. Significantly, on Thursday, PM Modi had a phone conversation with British PM Sunak. In this conversation, both expressed their commitment to the FTA.
The G20 summit going to be held in Bali is already in discussion for many other reasons. Chinese President Xi Jinping will also participate in this meeting. Due to this, the market of speculation is hot on the meeting of Jinping-Modi on the lines of the Shanghai Cooperation Organization (SCO) meeting held recently in Samarkand, the capital of Uzbekistan.
Significantly, in the SCO meeting, PM Modi distanced himself from Jinping. The market of discussions is also hot because recently, after getting Xi Jinping's third term as President, Prime Minister Narendra Modi has distanced himself from congratulating him.
engaged in removing obstacles
According to government sources, the FTA is set to be approved in the bilateral talks to be held in Bali. Because of this, both countries are constantly working to remove the bottlenecks of this agreement. Negotiations are continuing between the two sides to remove the impediments. Since the PMs of both countries have expressed commitment towards it on Thursday, the exercise to seal the FTA has started in the bilateral talks to be held in Bali.
PM Modi can again distance himself from Jinping
Although there is a possibility of the Jinping-Modi meeting on the sidelines of the G20 summit, government sources are currently ruling out the possibility of a meeting. Government sources say that the Indian government is not happy with the lax attitude of China along the Line of Actual Control (LAC).
After the Galwan Valley violence in eastern Ladakh, India was expected to ease tensions at the earliest. However, this did not happen. In such a situation, India does not want to give a positive message from its side. Government sources say that in the meantime, if a big decision is taken by China to resolve the dispute, then only India will take its stand positively.
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