Latest News

UK and India sign £1bn trade deal

ABC News – Britain has announced 1 billion pounds ($1.4 billions) of new trade and investment with India, including a deal with the Serum Institute of India to aid in the development of vaccines against COVID-19 and other diseases.

The announcement came ahead of a video meeting Tuesday between Prime Ministers Boris Johnson and Narendra Modi, who are expected to agree on deeper cooperation that could pave the way for a free-trade agreement between their countries.

The British government is seeking to increase trade with countries outside the European Union following the U.K.’s departure from the bloc. It said the trade and investment deals announced late Monday are expected to create more than 6,500 jobs in the U.K.

The package includes a 240 million-pound investment in the U.K. by the Serum Institute, the world’s biggest vaccine-maker, that will support clinical trials, research and possibly vaccine production, the British government said in a statement. The Serum Institute, in collaboration with Codagenix, has started early-stage trials of a one-dose nasal vaccine against COVID-19.

Read the full story on ABC News

Source
ABC News
Tags
Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
Close
Close

Fatal error: Uncaught wfWAFStorageFileException: Unable to verify temporary file contents for atomic writing. in /home/er7e3v4msaa9/public_html/wp-content/plugins/wordfence/vendor/wordfence/wf-waf/src/lib/storage/file.php:52 Stack trace: #0 /home/er7e3v4msaa9/public_html/wp-content/plugins/wordfence/vendor/wordfence/wf-waf/src/lib/storage/file.php(659): wfWAFStorageFile::atomicFilePutContents('/home/er7e3v4ms...', '<?php exit('Acc...') #1 [internal function]: wfWAFStorageFile->saveConfig('livewaf') #2 {main} thrown in /home/er7e3v4msaa9/public_html/wp-content/plugins/wordfence/vendor/wordfence/wf-waf/src/lib/storage/file.php on line 52