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Cara posted an update 8 years, 5 months ago
Is a UK power faction behind the recent US-India overtures? This article makes me think perhaps so…
“India is the third-largest source of foreign direct investment into the U.K., behind the U.S. and France. There are more than 800 Indian companies in Britain, employing nearly 110,000 people, according to a study by accountants Grant Thornton for the CII. Those companies range from small technology startups to the giant Tata Motors, which owns the iconic Jaguar and Land Rover marques.Like British businesses and investors from around the world, the Brexit vote has left Indian companies facing massive uncertainty over how the separation from the EU will affect the U.K. economy and their ability to operate within the European single market, the world’s largest trading bloc. However, Indian investors are more alert than most to potential upsides as their government looks to win concessions from the U.K. in exchange for a new trade deal.
The U.K. government is under enormous pressure to strike new bilateral trade agreements with other nations to demonstrate that it can thrive as a mercantilist power outside of the EU and that it can re-energize its ties with its former colonies that form the Commonwealth of Nations to offset falling trade with Europe. That strategy inevitably means winning over India, a rising power and home to more than half of the Commonwealth’s 2.3 billion people….”
More here: https://asia.nikkei.com/Politics-Economy/International-Relations/India-s-UK-diaspora-moves-to-leverage-Brexit
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