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Dr. Liam Fox U.K. Secretary of State for International Trade calls on the Union Finance Minister Shri Arun Jaitley Both the leaders call for forging deeper trade and investment arrangements between the two countries

News and Press Release - Dated:- 29-8-2016 - The Union Finance Minister Shri Arun Jaitley said that Government of India accords high priority to investment in infrastructure, manufacturing and service sectors. He said that Government has set-up National Infrastructure Invest Fund (NIIF) for attracting equity investments for development. He said that officials from both India and UK are jointly exploring creation of an India-UK sub-fund under the NIIF umbrella. The Finance Minister said that we l .....

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text of the BIT has already been shared with the UK Government in April, 2016. Besides it, the Finance Minister also raised the issue of proposed BREXIT implications on the Indian businesses and working professionals in U.K. The Finance Minister said that UK is among India s major trading partner and despite the global economic slowdown and the Eurozone crisis, India-UK bilateral trade has been resilient. He also mentioned about new Free Trade Agreement (FTA) with UK depending on terms and cond .....

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