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  • India-UK trade and commerce relations bound to grow further
  • June 06,2023  11:40
  • Arjun Ram Meghwal, Minister for Law & Justice, Government of India, has stated in a latest speech that over the last 9 years, the Indian Government has implemented far-reaching legal reforms which not only cater to investors' comfort level but has also eased the burden on courts. This, in turn, has promoted India globally as an Arbitration hub. Various reforms undertaken by the Indian Government, including in the field of dispute resolution, will further act as incentive for investors and a stimulus for increasing cooperation in various sectors and take India-UK relations to newer heights, he noted. He further emphasized that India-UK relations, especially in the areas of trade and commerce, are bound to grow further in the years to come. The foundation has been laid with the launch of Roadmap 2030 between the two sides. Roadmap 2030 is a dynamic vision that charts the way forward for bilateral trade between India and the UK, which is projected to see positive growth. He made these comments while speaking at the Arbitrating Indo-UK Commercial Disputes' Conference organized by Indian Council of Arbitration (ICA) in partnership with FICCI.

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