January 11, 2018 7:51 PM

printer

UK govt doubles export backing for India

The UK government today announced the doubling of its national credit support for UK businesses exporting to India, during the visit of Commerce and Industry Minister Suresh Prabhu.<br/><br/>Mr. Prabhu held talks with Britain's International Trade Minister, Liam Fox, in London as part of the 12th meeting of the UK-India Joint Economic and Trade Committee to discuss greater cooperation between the two countries and identify barriers to trade and investment.<br/><br/>As part of the deliberations, Fox announced that the UK's national export credit agency, UK Export Finance, has more than doubled its financial support to enable UK businesses to trade with India.<br/><br/>This means 4.5 billion pounds will now be available for UK companies exporting to India as well as Indian buyers of UK goods and services.<br/> <br/>The minister said the UK government would work closely with India to break down barriers to boosting trade.

Most Read
View All arrow-right

No posts found.