India welcomes UK initiative of establishing UK-India Tech Hub in India

Speed Post News Network

New Delhi : At the invitation of Prime Minister, UK, Theresa May, Prime Minister of India Narendra Modi visited the United Kingdom (UK) as a Guest of Government on April 18, 2018. The two leaders held wide-ranging and constructive discussions and underlined the two countries’  strategic partnership and growing convergence on regional and international issues. Prime Minister Modi will also participate in the Commonwealth Heads of Government Meeting in London on April 19-20, 2018.

The UK and India have a natural ambition to reinforce their Strategic Partnership based on shared values, common law and institutions, as the world’s oldest and largest democracies. The UK and India will work closely together and with other Commonwealth member-states, the Commonwealth Secretariat and other partner organisations to address shared and global challenges. The two countries are committed to reinvigorating the Commonwealth, especially ensuring its relevance to small and vulnerable states and to the youth, who make up 60% of the Commonwealth’s population.

The Commonwealth Heads of Government Meeting is an important opportunity to address these challenges under the summit’s official theme “Towards a Common Future”. The United Kingdom and India will make commitments to help create a more sustainable, prosperous, secure and fairer future for all Commonwealth citizens by taking action: to promote coordinated global action to tackle plastic pollution including through the Commonwealth and India’s role as host of World Environment Day 2018, to provide practical support to help Commonwealth member-states boost cyber security capacity, to help Commonwealth member-states implement the World Trade Organisation (WTO) Trade Facilitation Agreement by providing technical assistance and increased support to the Commonwealth Small States’ offices.

The Government of India welcomes the UK initiative of establishing a UK-India Tech Hub in India as part of growing bilateral Technology Partnership between the two countries. The Tech Hub will bring together hi-tech companies to create investment and export opportunities and provide a new platform to share the very best technologies, according to a PIB release.