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India, Croatia to speed up bilateral ties three times, to formulate Defence Cooperation Plan: PM Modi

India, Croatia to speed up bilateral ties three times, to formulate Defence Cooperation Plan: PM Modi

Times of Oman19-06-2025

Zagreb: Prime Minister Narendra Modi said on Wednesday that India and Croatia will promote cooperation in many areas including pharma, agriculture, information technology and a Defence Cooperation Plan will be made for long-term cooperation in the defence sector.
In a joint press statement with Croatia PM Andrej Plenkovic after their delegation-level talks, PM Modi said the two countries have emphasised joint research and collaboration between their academic institutions and India will share its space experience with Croatia.
PM Modi reached Croatia earlier in the day in the last leg of his three-nation visit.
"We have decided to speed up our bilateral relations three times in our third term. A Defence Cooperation Plan will be made for long-term cooperation in the defence sector, which will focus on training and military exchange as well as defence industry. There are many areas where our economies can complement each other. These areas have been identified," he said.
"We have decided to increase cooperation in many areas to increase bilateral trade and create a reliable supply chain. We will promote cooperation in many important areas like pharma, agriculture, information technology, clean technology, digital technology, renewable energy," he added.
The Prime Minister said there are also ample opportunities for Croatian companies in the port modernisation, coastal zone development and multi-modal connectivity being carried out under India's Sagarmala Project.
"We have emphasised joint research and collaboration between our academic institutions and centres. India will share its space experience with Croatia. Our centuries-old cultural relations are the root of mutual affection and goodwill... Today, we have decided to give more strength to our cultural and people-to-people relations. The duration of the MoU of Hindi Chair in Zagreb University has been extended till 2030. A cultural exchange program has been prepared for the next five years. The mobility agreement will be completed soon to facilitate the movement of people," he said.
PM Modi expressed his heartfelt gratitude to the Croatian Prime Minister and the Croatian government for the enthusiasm, warmth and affection with which he has been welcomed.
"This is the first visit of any Indian Prime Minister to Croatia, and I have had the good fortune of it. India and Croatia are connected by common values like democracy, rule of law, pluralism and quality. It is a happy coincidence that last year the people of India have given me and the people of Croatia have given the opportunity to Croatian Prime Minister, Andrej Plenkovic to serve for the third consecutive time," he said.

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"Broad and complex trade deals like we secured with India will bring billions to our economy every year but to deliver the Plan for Change we will strike more agile, targeted deals that exploit the sectors which drive the most growth for our economy," Reynolds added. "It comes as the government works in partnership with industry to shape future steel trade measures which will prevent cheap imports from undercutting UK businesses, following the expiry of the current UK steel safeguard measure in June 2026. Collaboration with steel producers, consumers and unions will help ensure the new phase of our trade defences continue to protect UK businesses and jobs, while providing a fair and competitive market. UKEF measures included in the Strategy accompanies news this week that up to £13 billion of direct lending will be used to help boost exports across key industrial sectors, marking a £3 billion uplift in UKEF's facility." Trade Minister Douglas Alexander said: "This new hard-headed, data driven, and agile approach to trade policy is guided by our pragmatic patriotism. In this changed and challenging world, we will promote what we can and protect what we must to advance the UK's national interest. "Through our Trade Strategy, we are supporting our businesses to expand and export with a wider range of trade tools that harness our high-growth industries of the future to deliver this government's Plan for Change. "As we target these agreements, we will take every step necessary to safeguard British businesses from the increasingly protectionist mood in much of the world by sharpening our defensive toolkit. "To complement the Trade Strategy, we have also today published the Global Trade Outlook 2025 which explores the long-term trends that may shape the global economy and international trade in the coming decades." Shevaun Haviland, Director General at the BCC, said: "The Trade Strategy sets out a clear, evidence-based approach to raising the UK's export game. It rightly targets our strength in services, and vital high-growth goods sectors while identifying key markets in the Indo-Pacific, Americas and European neighbourhood. "A focus on sectoral and digital trade deals is also welcome, alongside a commitment to a functioning rules-based global trading system. "Place matters in trade. This strategy can generate economic growth in every nation and region of the UK, lowering tariffs and removing trade barriers. Our Chamber Network stands ready to build, invest and deliver on international trade as a partner of government and an engine for economic growth." Rain Newton-Smith, CEO, CBI said: "Businesses are clear that positioning the UK as an outward looking nation is a show of strength in this increasingly fragmented world. Backing free trade is critical to facing the great global challenges and opportunities of our time. "The UK must be bold and ambitious to be a key player in the global race for growth. Today's Strategy offers a dynamic vision which will help the UK to position itself as one of the world's leading locations for investment and trade. Leaning into that openness, our international commitments, and partnerships with like-minded allies will be integral to our success. "We now need government and business to work together to turn this ambition into action and ensure that the UK seizes on the opportunities available within the global economy." Ian Stuart, CEO of HSBC UK: "I welcome today's announcement of the Trade Strategy. It provides a vital blueprint to ensure the UK's continued role as a great trading nation and leading services exporter, with a focus on the sectors that will drive growth in the decades to come. "It also rightly recognises the challenges many exporters face at a time of heightened global uncertainty. This is a necessary first step in giving businesses the tools they need to thrive on the world stage. HSBC looks forward to supporting businesses to take advantage of the strategy and unlock the full benefits of international trade." Jon Holt, Group Chief Executive and UK Senior Partner, KPMG, said: "Our professional and business services industry is an international success story with our expertise in demand around the world. As a high-growth sector, we have long called for a Trade Strategy that enables UK businesses to take advantage of new global opportunities and expand into emerging markets. "Today we have a clear plan. From removing barriers to overseas markets, to making it easier for our highly skilled people to travel and work across borders, this approach will strengthen our connectivity, boost inward investment and make sure our sector remains globally competitive. "The strategy's success will depend on a strong partnership between business and Government." Stephen Phipson CBE, CEO of Make UK, the manufacturers' organisation said: "Industry will welcome the Trade Strategy which, for the first time, aligns hard on the heels of the Industrial Strategy and is a perfect example of joined up thinking across Government which has long been missing. "In particular, as well as a focus on new markets, it will help optimise market access and signposting for companies, especially SMEs, to take advantage of current trade deals with a new focus on strategic economic partnerships with key trading partners. "At the same time, as well as helping boost exports, it will strengthen trade defences against the threat of dumping and support UK firms in reporting possible trade discrepancies to the Trade Remedies Authority." Mike Hawes, SMMT Chief Executive, said: "UK Automotive is a trade powerhouse, generating imports and exports worth £108 billion a year and typically Britain's biggest exporter of manufactured goods. Free and fair trade is fundamental to our success and recent agreements with India, the US and, particularly, the EU signal that intention. "Today's trade strategy, aligned to the industrial strategy announced earlier this week, provides confidence to help our sector navigate the many headwinds we face and sets a foundation for future success. "Balanced trading relationships that break down tariffs and regulatory barriers to trade will enable automotive companies to grow and get great British products into the hands of consumers all over the world, boosting jobs, business and prosperity at home." Heathrow's Chief Communications and Sustainability Officer, Nigel Milton, said: "We welcome this Trade Strategy, which is set to provide greater support for exporters and champion the importance of free trade. "As the UK's hub airport and largest port by value, we know firsthand how trade can serve as a powerful engine for economic growth. "With our unrivalled access to global markets Heathrow is the UK's gateway to growth and we stand ready to support the Government and exporters from across the country with the rollout of the new strategy." Paul Nowak, TUC General Secretary, said: "This is an important step forward to a trade agenda with workers' rights and good jobs at its heart. "It's right that the government is focusing on removing barriers to trade with our largest trading partner - the EU - on which thousands of quality jobs depend, and it's vital that the government continues to show ambition in its trading reset with the bloc. "Standing up for good jobs in sectors such as steel is essential and hugely welcome, especially with global trade wars leading to countries undercutting British products with cheaper foreign imports. "The government has set out a path towards a values-based approach to trade, which supports international labour standards and human rights globally. We look forward to seeing the full detail and working with them to deliver this." John Pattinson, Founder and Managing Director of Air Covers Ltd, and a DBT Export Champion, said: "The UK Government plays a vital role in enabling and accelerating the journey to export - a critical driver of economic growth. At Air Covers, we have benefited greatly from our close partnership with DBT Wales. "The support we've received from DBT Wales, as well as from UK embassies and High Commissions around the world, has been instrumental to our expansion and success in international markets. "We believe that the UK Government's Trade Strategy will open new opportunities for growth, both in established regions and emerging markets. For UK exporters, free trade agreements and the simplification of cross-border regulations are essential to unlocking global potential and maintaining a competitive edge." Julian David, CEO of techUK, said: "TechUK welcomes the launch of this trade strategy as a landmark moment. For the first time, we have a coherent, long-term plan that reflects the realities of current geopolitics and the UK's unique strengths - particularly in services and high-growth, innovation-driven sectors like ours." "It's especially encouraging to see government pulling together the full suite of tools at its disposal - from digital trade agreements to commercial diplomacy and meaningful trade defence instruments. We look forward to working closely with government to turn this vision into impact and ensure the UK remains a leader in the global digital economy." Marco Forgione, Director General of the Chartered Institute of Export and International Trade, said: "Today's new Trade Strategy is a welcome step forward that reflects many of the priorities we've been championing on behalf of our members, especially SMEs, who need targeted, accessible support to grow internationally. "From the Small Exports Builder to enhanced UK Export Finance, these are practical tools designed to reduce friction and unlock potential for thousands of firms across the UK. "We've worked closely with government to feed in the real-world experiences of our members, and it's encouraging to see those insights reflected in today's announcement. "Launched alongside the Industrial Strategy, this sets a more joined-up direction for trade and growth. Now the focus must be on delivery, and we stand ready to help make it happen." Tina McKenzie, Policy Chair of the Federation of Small Businesses, said: "Small firms know exporting is good for growth, so it's good to see a clear strategy on trade. We welcome the government's commitment to creating better digital tools, less red tape and putting stronger focus on practical support beyond just trade deals. "We also need to see more money and new funding programmes for SMEs wanting to trade internationally, as well as more bespoke support for the smallest firms, who do not qualify for one-to-one help. "Small firms have been bogged down by unnecessary rules and costs for far too long, and today's strategy is the first step to creating a better environment for exporters and importers."

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