Source: The post is based on the article “India-UK hold 12th Economic and Financial Dialogue (EFD) in New Delhi” published in PIB on 12th September 2023
What is the News?
The 12th Round of Ministerial India-UK Economic and Financial Dialogue was held in New Delhi.
What are the key highlights from 12th India-UK Economic and Financial Dialogue?
UK-India Infrastructure Financing Bridge Initiative: India and the UK have launched the UK-India Infrastructure Financing Bridge Initiative.
– The initiative is co-led by NITI Aayog and the City of London Corporation.
– The bridge aims to harness collective expertise in planning and implementing major infrastructure projects in India.
Indian companies to list on exchanges overseas: The United Kingdom has received the first confirmation from India that it would explore the London Stock Exchange (LSE) for overseas direct listing of Indian companies.
– Under the current regulations, Indian firms are not allowed to list directly on overseas exchanges.They can only list on foreign exchanges through instruments, such as depository receipts.
What is the UK-India Green Growth Equity Fund?
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