Will work towards doubling Indo-UK trade in 5 yrs: PM

Published on Thu, Jul 29, 2010 at 22:51 |  Source : CNBC-TV18

Updated at Fri, Jul 30, 2010 at 13:37  

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Prime Minister Manmohan Singh has said that India and the United Kingdom will work towards doubling trade between the two countries in the next five years. Singh said that the two countries have decided to constitute an India-UK CEOs Forum and an India-UK Infrastructure Group.

Speaking at a joint press conference held with his British counterpart David Cameron, Singh stated that discussions with the UK delegation were wide ranging and extremely productive. "We have agreed on specific initiatives in the areas of economy and trade, science and technology, energy, education, defence, culture and people to people contacts," the prime minister said in his statement.

He said India and UK joining hands together would make a meaningful contribution to addressing the challenges of poverty and development and reform of global institutions. Singh stated that the two countries had agreed to launch a new phase of the UK-India Education and Research Initiative. The two countries are expected to intensify bilateral exchanges at all levels.

To catch the complete joint press conference watch videos...

Also Read: Indo-UK trade: More scope to liberalise banking: UK PM

Warm words, trade challenge ahead as UK woos India

Britain open to outsource govt contracts: Cameron

  

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