India's Finance Minister Nirmala Sitharaman and the UK's Chancellor Rishi Sunak led the 11th India-UK Economic and Financial Dialogue. The meeting focused on enhancing cooperation in financial services, particularly FinTech and GIFT City, alongside discussions on infrastructure and sustainable finance. A new Climate Finance Leadership Initiative (CFLI) India partnership was launched to boost capital mobilisation for India.
The 11th India-United Kingdom Economic and Financial Dialogue (EFD) was held here today, virtually chaired by Indian Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman and the United Kingdom Treasury Chancellor Mr. Rishi Sunak.
The Indian delegation includedGovernor RBI, Chairman SEBI, Chairman IFSCA, Secretary Economic Affairs and other representatives from Ministry of Finance, Ministry of External Affairs and Indian High Commission, UK.
The UK delegation included Gover
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FAQ :
The dialogue was virtually chaired by India's Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, and the United Kingdom Treasury Chancellor, Mr. Rishi Sunak.
Discussions covered economic cooperation on multilateral issues, financial services collaboration (especially Fin-Tech and GIFT City), infrastructure development, and sustainable/climate finance.
The Climate Finance Leadership Initiative (CFLI) India partnership was launched to help mobilise capital for India through financial institutions and corporates.
Both sides agreed to continue working together on mobilising finance and shared experiences, including the UK's upcoming sovereign green bond issuance. A Joint Statement on the dialogue and the CFLI India partnership was adopted.
The Indian delegation included the Governor of RBI and Chairmen of SEBI and IFSCA, among others. The UK delegation included the Governor of the Bank of England and the CEO of the Financial Conduct Authority.