Pranab leaves for U.K. to strengthen financial sector collaboration

New Delhi: Looking to strengthen ties with the United Kingdom in the financial sector, Finance Minister Pranab Mukherjee leaves for London on Sunday to take part in a ministerial-level meeting being held on Monday.

Accompanied by Department of Economic Affairs Secretary R. Gopalan, Chief Economic Advisor Kaushik Basu and Sebi Chairman U K Sinha, Mr. Mukherjee will attend the fourth chapter of the ministerial.level India-U.K. Economic and Financial Dialogue.

“The Finance Minister will co-chair the dialogue with George Osborne, Chancellor of Exchequer, U.K. The issues of U.K.-India partnership in education and skills, structural policy reforms and strengthening of India-U.K. financial sector collaboration are high on the agenda,” an official statement said.

The dialogue would also focus on a wide range of issues such as strengthening of the G-20 and IMF surveillance, the U.K.-India infrastructure partnership, global and domestic financial regulatory reforms and strengthening of U.K.-India financial sector reforms, among others.

A bilateral meeting between Mr. Mukherjee and Mr. Osborne will also take place on the sidelines of the dialogue to exchange views on macroeconomic policy issues, climate change finance and issues of mutual commercial concern, among others.

Mr. Mukherjee returns to India on July 26.

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