Britain and India on Tuesday announced plans to strengthen trade relations between the two countries with an emphasis on financial services, trade and technology during a series of events as part of an ‘India Day’ in London. Prime Minister Theresa May, international trade secretary Liam Fox and India’s commerce minister Piyush Goyal discussed the plans with delegates from Indian and UK businesses and highlighted the opportunities for future trade and investment. “Today, the London Stock Exchange is the leading centre for the issuance of ‘masala bonds’. Fox said: “The UK and India already have a strong bond, built on historic links and present-day trade, which is worth £20 billion. Goyal also addressed the 13th Joint Economic and Trade Committee between the UK and India.

Source: Hindustan Times July 17, 2019 09:56 UTC