British Prime Minister Keir Starmer visited India to promote previously reached trade agreements; however, the negotiations have laid bare the extremely limited reach of London’s influence on New Delhi.
Nevertheless, the two countries managed to make progress in expanding cooperation in trade, investments, defense, and security.
The official visit of the UK Prime Minister Keir Starmer to India aimed at cementing the agreements reached during the stay of the head of the Indian government, Narendra Modi, in London this July, and, first and foremost, at signing a far-reaching free trade agreement. The pact would open vast prospects for achieving the ambitious goal set by the parties to increase trade turnover by 2030 from the current $35 billion to $120 billion.
Starmer Urged Modi to Stop Purchasing Russian Oil
Simultaneously, the British guest made another attempt to talk New Delhi into abandoning substantial purchases of Russian energy resources, which currently account for up to 40 percent of India’s oil imports. Furthermore, the trade turnover between India and Russia, taking into account petroleum product supplies, has reached an unprecedented $70 billion, a fact that London and the West as a whole are also seriously apprehensive about. However, despite these British exertions, Prime Minister N. Modi made it clear that this matter is no exception to the rule; hence, here, India would also be guided by its own national and economic interests.
Nor has New Delhi veered from the path of distancing itself from anti-Russian Western sanctions, prioritising, once again, independent national interests. The Ukrainian conflict hasn’t evaded such a fate either, with Starmer failing to pull India completely to his side. While being committed to a peaceful settlement of the situation around Ukraine, India rejects anti-Russian rhetoric on the issue and maintains a measured, balanced stance. Even London’s various assurances of support for New Delhi’s aspirations to gain a permanent seat in an expanded UN Security Council did not spur India to alter its principled neutral position in the current struggle between the West and Russia.
Success evaded the British leader on this anti-Russian front, but he cancelled out his failure on the track of bilateral relations by means of signing a series of agreements in various fields, including defense, security, technology, trade, and education. Notably, the parties managed to conclude a military deal worth approximately $470 million for the supply of light multipurpose missiles to the Indian army. They also agreed on setting up a regional centre of excellence in maritime security and on developing marine electronic engines for Indian naval ships.
Further progress in trade, economic, and investment areas was also outlined. It is indicative that Starmer was accompanied by a representative delegation from the British business community (over 120 people), including heads of companies such as Rolls-Royce, British Telecom, Diageo, the London Stock Exchange, and British Airways. Within the framework of the joint forum held, the representatives signed commercial contracts.
India Dictates the Terms
All in all, British companies have invested about $40 billion in the Indian economy, and New Delhi traditionally remains one of London’s key trade and investment partners. And what further contributes to such a situation is the signed free trade agreement, which added up to a significant reduction in tariffs on a wide range of goods, and expanded market access for companies and Indian labour migrants.
In a nutshell, the latest meeting of the two countries’ leaders concluded with new agreements on enhancing multifaceted cooperation and increasing trade turnover to $120 billion by 2030. At the same time, Starmer was clearly frustrated that even his attempts to prompt India to weaken its ties with Russia ended up a failure, which once again confirms New Delhi’s determination to stick to its own guns on its foreign policy, providing for the development of partnerships with both the West and the East and drawing on the national interests of this major, now global, power.
Anvar Azimov, diplomat and political scientist, Ambassador Extraordinary and Plenipotentiary, Candidate of Historical Sciences, Senior Research Fellow at Eurasian Studies Institute of MGIMO University of the Ministry of Foreign Affairs of Russia
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