{"id":205602,"date":"2022-09-12T20:14:14","date_gmt":"2022-09-12T14:44:14","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=205602"},"modified":"2022-09-12T20:14:14","modified_gmt":"2022-09-12T14:44:14","slug":"india-uk-ties-can-ease-an-elizabethan-burden","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/india-uk-ties-can-ease-an-elizabethan-burden\/","title":{"rendered":"India-UK ties can ease an Elizabethan burden"},"content":{"rendered":"\n<p><strong>Source<\/strong>: The post is based on an article\u00a0\u201c<strong>India-UK ties can ease an Elizabethan burden<\/strong><strong>\u201d<\/strong>\u00a0published in\u00a0<strong>The Live Mint<\/strong>\u00a0on\u00a0<strong>12<sup>th<\/sup> September 2022<\/strong>.<\/p>\n<p><strong>Syllabus: <\/strong><strong>GS 2 &#8211; Bilateral, regional and global groupings and agreements involving India<\/strong><\/p>\n<p><strong>News: <\/strong><strong>The article discusses India and UK relations after the demise of Queen Elizabeth II.<\/strong><\/p>\n<p>India and Britain trade relations exist from the Mughal era.Even now there is discussion on the trade from the Britain side asking India to cut the duty of 150% on Scotch whisky imports.<\/p>\n<p>U.K. is currently facing serious economic problems and ties with India will be of help for both the countries.<\/p>\n<p><strong>What is the current economic condition of the U.K.?<\/strong><\/p>\n<p>There is galloping inflation with rise in food prices.<\/p>\n<p>There are problems with the energy supplies after Russia decided to reduce the gas supply.<\/p>\n<p>There is an increase in cost of living with high debt burden.<\/p>\n<p>However, the ties with India and can be useful in improving these situations.<\/p>\n<p><strong>What are the areas of cooperation between India and the U.K.?<\/strong><\/p>\n<p>India wants easy entry to skilled Indians into the U.K. even though U.K. has dropped tariffs on labor intensive Indian exports.<\/p>\n<p>U.K. wishes India to grant access to British legal services market and lower import barriers to its Scotch and cars.<\/p>\n<p>The other areas of cooperation between the two nations are Indian production of British defence equipment and cooperation in technology (AI and Data exchange).<\/p>\n<p>Both the nations have decided to sign an early-harvest interim agreement by the end of October.<\/p>\n<p>However, there has also been concern in the U.K. over buying Russia\u2019s oil by India in spite of Western sanctions on Russia.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: The post is based on an article\u00a0\u201cIndia-UK ties can ease an Elizabethan burden\u201d\u00a0published in\u00a0The Live Mint\u00a0on\u00a012th September 2022. Syllabus: GS 2 &#8211; Bilateral, regional and global groupings and agreements involving India News: The article discusses India and UK relations after the demise of Queen Elizabeth II. India and Britain trade relations exist from the&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/india-uk-ties-can-ease-an-elizabethan-burden\/\">Continue reading <span class=\"screen-reader-text\">India-UK ties can ease an Elizabethan burden<\/span><\/a><\/p>\n","protected":false},"author":10320,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1230,9],"tags":[212,10501],"class_list":["post-205602","post","type-post","status-publish","format-standard","hentry","category-9-pm-daily-articles","category-public","tag-gs-paper-2","tag-live-mint","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":1700784242,"cached_date":1704732780},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/205602","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10320"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=205602"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/205602\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=205602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=205602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=205602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}