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Dr Fox Meets Indian Leaders

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UK Secretary for State for International Trade Dr. Liam Fox meeting Indian Minister of State for Commerce & Industry Nirmala Sitharaman in New Delhi
Dr Liam Fox, the British Secretary of State for International Trade, has held meetings with Indian Finance Minister Mr Arun Jaitley and Commerce Minister Nirmala Seetharaman in New Delhi during a three day visit to India….reports Asian Lite News

UK Secretary for State for International Trade Dr. Liam Fox meeting Indian Minister of State for Commerce & Industry Nirmala Sitharaman in New Delhi
UK Secretary for State for International Trade Dr. Liam Fox meeting Indian Minister of State for Commerce & Industry Nirmala Sitharaman in New Delhi

Dr Fox told Indian leaders that UK wants to forge deeper trade and investment arrangements with India and announced his participation and the UK’s commitment to the Joint Economic and Trade Committee (JETCO) to be held on 7th November alongside the India-UK TECH Summit.

This is the first visit by the new Secretary of State in his current role and aims  position India as a key strategic partner across trade, investment and defence.

Mr Jaitley said that Government of India places high priority on investment in infrastructure, manufacturing and service sectors. He said that the Government has set-up the 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.

“I want Britain and India to draw on our unique bonds and shared experience to ensure that we work together across all spheres and are able to grasp the opportunities and face the challenges of our increasingly globalised and interdependent world,” Dr Fox wrote just before the journey. “Our strong ties are embodied in the 1.5 million British Indians, whose heritage is India but whose home is Britain. It is fundamental that these are strengthened and deepened so that we can continue to grow and prosper together.

UK Secretary for State for International Trade Dr. Liam Fox with Indian Minister for Finance and Corporate Affairs Mr  Arun Jaitley in New Delhi
UK Secretary for State for International Trade Dr. Liam Fox with Indian Minister for Finance and Corporate Affairs Mr Arun Jaitley in New Delhi