Reynolds’ visit, however, went beyond cultural exploration; it was also a precursor to the resumption of critical talks between India and the UK regarding the FTA
In a significant diplomatic visit on Sunday, UK Business Secretary Jonathan Reynolds and India’s Commerce Minister Piyush Goyal toured the National Crafts Museum in New Delhi, with Reynolds lauding the museum as an opportunity to engage with India’s rich cultural heritage. The visit also marked the resumption of long-awaited negotiations between India and the UK on a Free Trade Agreement (FTA), aimed at bolstering economic ties and addressing key trade issues.
Reynolds described the museum as an “incredible open-air facility,” emphasizing the high quality of craftsmanship on display. “It’s a real pleasure to have been able to visit this incredible open-air facility, to see the quality of work here, the curation, and the passion that has gone into it. It’s a special place,” he remarked.
The Business Secretary expressed particular admiration for the artisans he met, calling it a “genuine privilege” to witness their talents firsthand. “What a genuine privilege to be able to meet some of the artisans and see some of the work here in this brilliant place,” he added, underscoring the museum’s role in preserving traditional Indian artistry.
The National Crafts Museum, one of the country’s largest cultural institutions, showcases an extensive array of handmade artifacts, textiles, pottery, and other indigenous crafts, offering a glimpse into India’s artistic legacy. The museum’s mission is to preserve and promote India’s traditional craftsmanship, which has been a cornerstone of the country’s cultural identity.
Reynolds’ visit, however, went beyond cultural exploration; it was also a precursor to the resumption of critical talks between India and the UK regarding the FTA. Both ministers have committed to advancing the negotiations, which are expected to foster stronger economic cooperation and resolve key trade barriers. A statement from the UK government confirmed that the two leaders are working toward a modern and comprehensive economic deal that will create new opportunities for businesses and consumers in both nations.
The discussions follow a pivotal moment in November 2024 when Indian Prime Minister Narendra Modi and UK leader Keir Starmer discussed the FTA on the sidelines of the G20 Summit in Rio de Janeiro. Following this, both governments agreed to pursue a “balanced, mutually beneficial, and forward-looking” agreement, which aims to resolve lingering issues and ensure a fair trade framework.
At a joint press conference, Goyal characterized the FTA as “pathbreaking,” expressing confidence in its potential to significantly boost trade between the two nations. “Both Jonathan and I have agreed to resume free trade agreement negotiations in a very cordial atmosphere,” Goyal stated, highlighting the transparent, ambitious, and balanced nature of the proposed agreement.
Goyal further predicted that the deal could increase the current USD 20 billion bilateral trade in merchandise by two to three times over the next decade, underscoring the FTA’s potential to unlock immense economic growth.
Reynolds echoed this sentiment, stating that the renewed negotiations would strengthen the “close and dynamic partnership” between India and the UK. “It’s an excellent place to start from, but both of us want to do more, and that’s why I am so pleased to be here today to kick-start these negotiations,” he added.
He emphasized that the UK government is focused on driving economic growth, creating jobs, and generating opportunities for businesses across both countries.
As the two nations embark on this pivotal trade agreement, their shared vision is clear: a mutually beneficial deal that fosters economic cooperation, enhances bilateral trade, and supports sustainable growth for businesses and consumers in both India and the UK.
