India, UK discuss agenda of Economic and Financial Dialogue


India, UK discuss agenda of Economic and Financial Dialogue

During his recent visit to the United Kingdom, Finance Minister Arun Jaitley met Chancellor of the Exchequer Philip Hammond at 10 Downing Street.

Both leaders discussed the agenda of the upcoming Economic and Financial Dialogue scheduled to be held in Delhi in April 2017.

The agenda for the EFD will include, among other things, progress on the India-UK sub-fund under India’s National Investment Infrastructure Fund, raising of capital in London including through issue of ‘masala bonds’ and exploring co-operation in the FinTech sector which has opened up immense opportunities post-demonetization in India.

The two leaders appreciated the balanced two-way flow of investments between the two countries and the keenness on both the sides to pursue a trade agreement post-Brexit. They reaffirmed their personal commitment to further strengthening of India-UK economic and commercial ties. Read More…

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