Jaitley meets UK Chancellor Osborne, reviews economic ties

LONDON:
Finance Minister Arun Jaitley today met UK Chancellor George Osborne and reviewed progress made since 2010 in strengthening and deepening cooperation between Britain and India on economic and financial issues, including increased inward investment in each other’s economies.
Jaitley arrived here earlier today on his first official visit and began his two-day UK tour with a bilateral meeting with Osborne over breakfast.
Osborne hailed the “increasingly important” relationship between Britain and India’s economies.
“Building on our already strong relationship with India has been a key priority of this government. At the heart of our long term economic plan is developing closer links with fast-growing emerging markets like India – links that benefit both countries in terms of growth and jobs,” Osborne said after meeting Jaitley at his office at No 11 Downing Street.
The senior Conservative Party minister also welcomed Jaitley’s presence at the unveiling of the “symbolic statue” of Mahatma Gandhi at Parliament Square in London tomorrow.
He said, “Together we will celebrate the unveiling of the Gandhi statue in Parliament Square, which I announced on my visit to India last July on a trip to see Prime Minister (Narendra) Modi. I’m delighted work has progressed so quickly and honoured that Finance Minister Jaitley is here to unveil this symbolic statue”.
“Our cultural ties with UK are just as important as our economic links, and this visit is also an opportunity for the Indian Government to meet the British Indian community and see their enormous contribution. It is with great pleasure that I have accepted Prime Minister (David) Cameron’s invitation to attend the inauguration of the new statue of Gandhi in Parliament Square in London,” Jaitley said. (AGENCIES)