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Friday, 30 July 2010 - Warm words, trade challenges ahead as UK woos India |
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    Edition: U.S. Article Comments (1) Save Email Print Reprints Most Popular Most Shared Second U.S. sailor's remains found in Afghanistan 10:49am EDT WRAPUP 2-BP lawsuits over oil spill take center stage 4:15pm EDT Schwarzenegger declares California fiscal emergency 28 Jul 2010 Key parts of Arizona anti-immigration law blocked | Video 28 Jul 2010 Bear kills man, injures two near Yellowstone Park 28 Jul 2010 Four killed in Air Force plane crash in Alaska 9:34am EDT Heavy rains delay salvage of crashed Pakistan plane 12:41pm EDT Obama seeks his "mojo" on daytime TV's "The View" 4:23pm EDT China urges change in U.S. policy to avoid friction 7:45am EDT Foreclosures up in 75 percent of top U.S. metro areas 7:48am EDT Bear kills man, injures two near Yellowstone Park 28 Jul 2010 Wireless sensor watches blood sugar for diabetics 28 Jul 2010 Schwarzenegger declares California fiscal emergency 28 Jul 2010 Foreclosures up in 75 percent of top U.S. metro areas 7:48am EDT Brewer claims world's strongest beer 10:59am EDT China urges change in U.S. policy to avoid friction 7:45am EDT Amazon offers $139 wireless Kindle for mass appeal | Video 2:22pm EDT Rabbits grow their own joint replacements in study 28 Jul 2010 Mental health experts ask: Will anyone be normal? 28 Jul 2010 Republicans block small business plan in Senate 2:50pm EDT Commentary Bernd Debusmann: Cuba and twisted logic, double standards It is time for the United States to stop trading with China and ban Americans from traveling there. Why? Look at the U.S. Department of State's most recent annual report on human rights around the world.  Commentary  Warm words, trade challenges ahead as UK woos India Digg This Tweet This Share on LinkedIn Share on Facebook Related News Frank talk from Cameron shakes up British diplomacy 10:07am EDT Warm words, trade challenge ahead as UK woos India 7:40am EDT WRAPUP 2-UK's Cameron courts India, helps clinch jet deal Wed, Jul 28 2010 India signs $1.1 billion jet deal with BAE, Rolls-Royce Wed, Jul 28 2010 UK's Cameron says Pakistan must cut militant ties Wed, Jul 28 2010 Related Topics World » British Prime Minister David Cameron (L) and his Indian counterpart Manmohan Singh walk before their meeting in New Delhi July 29, 2010. Credit: Reuters/B Mathur By Estelle Shirbon NEW DELHI | Thu Jul 29, 2010 12:47pm EDT NEW DELHI (Reuters) - India and Britain spoke on Thursday of a new momentum toward closer trade and security ties, but a high-profile visit by Britain's prime minister was partly overshadowed by his outspoken comments on Pakistan. David Cameron flew in with six ministers and more than 30 senior executives from top British firms to show seriousness about enhancing relations with India, with a view to boosting trade and business exchanges and fostering growth. Indian Prime Minister Manmohan Singh said during a joint news conference with Cameron that he shared the British vision of "a renewed and enhanced partnership" between the Asian powerhouse and its former colonial master. "We have set in place a new momentum to drive our strategic partnership forward," Singh said in what was the final public event for the British delegation after a hectic two days in Bangalore, Mumbai and New Delhi. But three out of the four questions from journalists at the news conference were about Cameron's comments on Pakistan, which had already dominated Indian media coverage of the visit. Cameron told an audience of Indian business leaders in Bangalore on Wednesday that Pakistan should not "promote the export of terror," causing anger in Islamabad. The comments resonated with India, which has long accused arch-rival Pakistan of being behind terror attacks on its soil, but the Pakistani ambassador to Britain said Cameron had damaged the prospects for regional peace and shown inexperience. Cameron defended himself during the joint news conference. "I believe in speaking clearly and plainly about these matters," he said, adding that it was not acceptable for terror groups to exist within Pakistan and that Britain would help Islamabad further its efforts to crack down on such groups. AN END TO "COMPLACENCY" The two prime ministers were keener to talk about trade links, with Singh saying he wanted bilateral trade to double within the next five years. British-Indian trade was worth $12.5 billion in 2008-2009 -- an amount dwarfed by what Britain trades with Ireland, a country of about 4 million. India has the world's second-biggest population, a potential customer base of 1.2 billion. The stakes are greater for Britain, which is struggling to emerge from its worst recession since World War Two, than for India, which is enjoying strong growth and stands to reap benefits from increasing trade flows between emerging markets. Britain has lost market share in India in recent years, slipping to 18th biggest exporter to the Asian giant in 2008-2009 from fifth in 2002-2003. "There's been a certain amount of complacency in the past ... a belief that sentiment was enough," Vince Cable, business secretary in a new coalition government that came into office in London in May, told ministers and business leaders in New Delhi. The new British government, a coalition of Conservatives and Liberal Democrats, has made clear it thinks the previous Labour government had focused on other foreign policy priorities to the detriment of ties with India, a long-time friend and ally. With Britain planning deep cuts in public spending to rein in a bulging deficit, the coalition wants to focus on fast-growing economies like India to tap new sources of growth. But Cameron also found time during his visit for some light relief, enjoying a brief encounter with Indian cricket icon Kapil Dev, who wreaked havoc among England batsmen in the 1980s. At the news conference, he thanked Singh for "allowing me to realize one of my childhood dreams when I was able to hit Kapil Dev for six," he said to laughs. Cricket is hugely popular in India. "I do admit he was bowling a tennis ball, not a cricket ball, which made things a lot easier for me," he said. (Additional reporting by Matthias Williams and Krittivas Mukherjee; Editing by Sugita Katyal) World Comments See All Comments (1)  |  Post Comment Jul 29, 2010 4:15pm EDT Cameron’s gotta watch that truth telling. It’s just not diplomatic. javalation Report As Abusive       See All Comments (1)       Add a Comment *We welcome comments that advance the story directly or with relevant tangential information. We try to block comments that use offensive language or appear to be spam and review comments frequently to ensure they meet our standards. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters.   © Copyright 2010 Thomson Reuters Editorial Editions: Africa Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom United States Reuters Contact Us Advertise With Us Help Journalism Handbook Archive Site Index Video Index Reader Feedback   Analyst Research Mobile Newsletters RSS Podcasts Widgets Your View Labs Thomson Reuters Copyright Disclaimer Privacy Professional Products Professional Products Support Financial Products About Thomson Reuters Careers Online Products Acquisitions Monthly Buyouts Venture Capital Journal International Financing Review Project Finance International PEhub.com PE Week FindLaw Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

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