India-UK Economic and Financial Dialogue to discuss macroeconomic risks tomorrow

NEW DELHI: India and the United Kingdom will tomorrow discuss issues related to macroeconomic risks and policy responses, infrastructure financing and trade relations between the two countries.

"Seventh round of ministerial level India-UK Economic and Financial Dialogue (EFD) will be held tomorrow. The discussions during EFD will focus among others on macroeconomic risks and policy responses. Besides it, both the delegation will also hold discussions on Infrastructure Financing and Trade and Investment relations between the two countries," an official statement said.

The Indian delegation for the EFD will be led by Finance Minister Arun Jaitley while Chancellor of Exchequer George Osborne will lead the UK delegation.

In pursuance of joint declaration signed between the Prime Ministers of two countries on September 20, 2004, an India-UK Economic and Financial Dialogue was officially launched on February 4, 2005 through signing of an agreement between then Finance Minister of India and erstwhile Chancellor of Exchequer of UK Gordon Brown.

So far, six rounds of ministerial level and four rounds of official level Economic and Financial Dialogue have been held between the two countries, the statement said.