UK bets big on China, India post Brexit
The Dollar Business Bureau UK continues to play its cards alright post-Brexit, with Chancellor Philip Hammond describing the UK's present relationship with China as "more important than ever" and British Prime Minister Theresa May calling India as one of the closest friends of the UK. Promising a "golden era" of relations between the UK and China, Hammond announced several deals including a £200 million construction contract by the Chinese contractor CITIC Construction in the first phase of the £1.7bn London Royal Albert Docks project, headed by the Chinese developer ABP. China’s vice-premier Ma Kai and Hammond held a meeting in London's Lancaster House, in which it was agreed upon that the UK, will invest up to £40m in the Asian Infrastructure Investment Bank ...
UK stresses to bolster trade, business relations with India
The Dollar Business Bureau The UK will continue to bolster business, trade and tourism ties with India, even during the post-Brexit period, said Bharat Joshi, British Deputy High Commissioner in Chennai. “The UK is the biggest investor in India. We want to bolster our trade and industrial relations with India,” Joshi told the journalists in Thiruvananthapuram while briefing about various scholarship programmes offered by Britain. “India is the second largest investor in London and India is on the top of the list for the partnership with UK. Our relation with India is already firm and we will continue to strengthen it,” he said. On the question whether there would be any problem for Indians working in UK during post Brexit, Joshi said that there is nothing they ...
India, British gear up for boosting financial, infra ties
British Infrastructure Envoy Alok Sharma's visit to India to focus onhow the city of London can develop as a trading hub for the rupee and the potential for cooperation on green financing that can help to fund India's renewable energy and clean transport plans The Dollar Business Bureau Both countries agreed to explore ways to encourage increased investment in infrastructure with the aim of developing an India-UK partnership fund under the umbrella of India's flagship infrastructure investment initiative British Premier David Cameron's Infrastructure Envoy to India Alok Sharmas visit, is intended to boost the economic and financial ties between the two countries and to raise joint funds for infrastructure investment. Both countries agreed to explore ways to encourage increased investment in infrastructure with ...
