London : Finance Minister Nirmala Sitharaman is currently on a tour of Britain. In this connection, on Wednesday, he met Britain's Prime Minister Care Stormer and Chanchal Reaves. Reaves welcomed the Finance Minister at his office in 11 Downing Street, Britain. Progress has been one of the subjects included in the progress meeting agenda for the talks on the Indo-Bitten Free Trade Agreement ie FTA. This meeting has been held before the 13th Britain India Economic and Financial Discussion.

Sitharaman told 'PTI-Bhasha' before the talks that Garara cooperation between the financial sector of the two countries and the strong education relationship for welcoming British universities in India are included in the main subjects. He has said that we will also look at the mutual recognition of some businesses, which is important for both countries. Science and Technology where there is a big hold in Britain's research and India wants to cooperate and participate in it.

According to the Finance Ministry, EFD is an important bilateral platform between the two countries. It includes various aspects of financial cooperation including Investment Affairs, Financial Services, Financial Regulation, UPI i.e. Unified Payment Interface Affiliation, Taxation Affairs and illegal financial flow.

EFDs include cooperation, investment, insurance and pension sector, financial technology and digital economy and affordable and durable climate finance in the IFSC Gift City on Wednesday by the Indian side. On behalf of Britain, Reavs said in a statement before the talks that Global Issues and Empolitary Generation Dialogue are priorities, as Britain wants to make a new trade agreement with India.

The Chancellor of the British treasury has said that we will look at the topics of growth and global issues. At the same time, we will also talk about how to exploit different sectors and defense capacities to generate efforts, investments and trade opportunities as part of the government's transformation scheme.

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India and Britain have been interacting on FTA for the last 2 years, which was stopped by the Starmer -led Labor Government for some time due to the general election in both countries last year. This trade agreement is expected to lead to a significant increase in bilateral trade relations, which was priced at 41 billion GBP i.e. Great Britain pounds last year. During a conversation on India's Growth Road in London, on Tuesday, Sitharaman welcomed the enthusiasm of the UK government over the FTA and hoped to finalize it soon.

(With agency input)