India and the UK have decided to enhance bilateral investments. This is to be achieved by promoting institutional collaborations between industry and universities for enhancement of competencies through capacity building and technology transfer.In Education and Skills Development, both sides agreed to encourage public private partnerships. They also agreed to facilitate implementation of innovation collaborations in the areas of healthcare, security, mobile communications among other sectors.This was decided in the 7th meeting of the Indo-UK Joint Economic & Trade Committee (JETCO) in New Delhi on Wednesday.The Indian delegation was led by the Minister for Commerce and Industry Mr. Anand Sharma, and the UK delegation was led by the visiting Secretary of State for Business Innovation and Skills Dr. Vincent Cable.Earlier, in a bilateral both the Ministers reaffirmed their commitment to increasing FDI flows and ensuring a stable environment for investors.They also agreed on the need for further improvement in the regulatory environment impacting trade and investment flows. Taking note of the progress made in the India -EU negotiations for a Broadbased Trade and Investment Agreement both sides looked forward to an early, successful and mutually beneficial conclusion to the negotiations.They reaffirmed their commitment to a multilateral trade agreement and expressed hope that the Doha Development Round come to an early and ambitious conclusion.