UK international trade minister to unveil new initiatives in Kolkata
UK Minister for international trade, Nigel Huddleston arrived in the city on Monday on a two-day visit to the metropolis to unveil new initiatives in electric mobility and green construction in West Bengal.
The UK minister will launch a center to enhance opportunities in the electric vehicle segment by partnering Indian businesses with academic institutions and industries of that country, a statement by the British Deputy High Commission here said.
He will also visit a waste processing company in Kolkata using green technology to recycle construction waste into high quality reusable sand, it said.
The UK is aiming to negotiate a trade deal with India with the target to double it by 2030, the statement said.
India is its 12th largest trading partner accounting 2.1 per cent of its total trade.
UK's bilateral trade with India surged to GBP (British pound sterling) 36 billion in 2022, up 11.2 billion GBP or 45 per cent from 24.8 GBP in 2021. The bilateral trade supports half a millio