NEW DELHI: India and the United Kingdom (UK) resolved to deepen financial services cooperation between the two countries during the latest round of India-UK Financial Markets Dialogue which was held virtually late on Thursday. "Financial cooperation is one of the key pillars of the 2030 Roadmap adopted by the two countries during the recent meeting of the two Prime Ministers and the India-UK Financial Market Dialogue is one of the key elements of this Financial Cooperation. As two services driven economies, both sides agreed there is significant scope for strengthened financial services cooperation between India and the UK. The financial market dialogue was established at the 10th Economic and Financial Dialogue (EFD) in October 2020 to deepen bilateral ties in the financial sector. The City of London Corporation’s India-UK Capital Markets working group presented its recommendations from its recently published paper on ‘Unleashing the potential of the Indian Debt Capital Markets’.

Source: Mint July 09, 2021 06:56 UTC