UK-India to hold talks on bilateral trade, investment

New Delhi: British Finance Minister Philip Hammond will hold discussions with his Indian counterpart Arun Jaitley today to promote trade and investments between the two countries.

Hammond is visiting India to participate in the UK-India Economic and Financial Dialogue.

According to the British High Commission, the ninth UK-India Economic and Financial Dialogue (EFD) is hosted by the Indian Finance Minister.

The high-level talks are aimed at deepening the UK's economic and trading relationship with India and showcasing Britain as one of the best places in the world to do business, it said.

It added that the EFD will involve a series of events over the two-day period, including discussions on trade, financial services, and infrastructure.

Bank of England Governor Mark Carney and CEO of the Financial Conduct Authority, Andrew Bailey, will also take part in the dialogue with Jaitley.

Hammond will also visit Mumbai where he would meet Indian FinTech start-ups at Barclays RISE, as well as the Chairman of Mahindra group.