India and Britain should work together to find technology solutions

May 21st, 2008 - 9:46 pm ICT by admin  

London, May 21 (ANI): Minister of State for Industry Ashwani Kumar today met Lord Digby Jones, British Minister of State for Trade and Investment and discussed wide ranging issues in order to reinforce the India-UK bilateral economic and commercial relationship.

Jones suggested that India and Britain should work together for finding technology solutions for climate change in partnership with countries like United States, Germany and France in a manner that would not jeopardise Indias economic growth.

He added that UK Government believes that the opening up of the financial, insurance, legal and accountancy sectors would contribute to the GDP growth of India.

Jones further said that there were immense possibilities for India-UK collaboration in the education sector.

He reiterated UKs stand on restructuring of the UN Security Council and the support for Indias permanent membership. He also expressed the hope that Doha Round Negotiations will move forward.

Kumar expressed the view that the potential of India-UK business relationship needs to be fully explored and that a purposeful engagement between Indian and British businesses was now possible across wide spectrum of economic activities.

He informed that British businesses could have a greater role in the Indias physical and social infrastructure development for which an amount of 1.5 trillion dollars is required in the next 10 years.

Kumar invited British investment and cooperation in the filed of higher education, skill up gradation which are the high priority of the UPA Government.

Lord Karan Billimoria, Chairman of the UK-India Business Council, who was present during the discussions also briefed the two Ministers

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