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UK Chancellor, Finance Minister Sitharaman announces USD 400 million in new trade


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New Delhi [India], April 10 (ANI): UK Chancellor Rachel Reeves and Finance Minister Nirmala Sitharaman announced USD 400 million in new trade and investment deals at the 13th UK-India Economic and Financial Dialogue in London on Thursday. The UK and India are growing together 🇬🇧�🇮🇳 Show Full Article Chancellor @RachelReevesMP and Minister @nsitharaman have announced […]

UK Chancellor Jeremy Hunt and Indian Finance Minister Nirmala Sitharaman have announced a new trade finance initiative worth USD 400 million aimed at boosting trade between the two countries. This initiative, launched during the 12th India-UK Economic and Financial Dialogue in New Delhi, is designed to support Indian exporters by providing them with greater access to trade finance. The dialogue also covered progress on the ongoing India-UK Free Trade Agreement negotiations, with both sides expressing optimism about concluding a deal that would enhance economic cooperation. Additionally, discussions included collaboration in sectors such as technology, infrastructure, and sustainable finance, reflecting a commitment to deepening the economic ties between India and the UK.

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