India, Britain review bilateral trade relations

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SME Times News Bureau | 15 Nov, 2013
India and Britain reviewed their bilateral ties, especially trade relations, and discussed international and regional issues when Prime Minister Manmohan Singh met his British counterpart David Cameron, official sources said Thursday.

"The meeting between the two prime ministers presented a useful opportunity to review progress in bilateral relations," said an official after the two leaders met at Manmohan Singh's official residence.

"Besides trade relations, international issues as well as the situation in the region, including the developments in Afghanistan, were also discussed," the source said.

Cameron, who visited India in February, spent a day in the country before flying to Sri Lanka to attend the Commonwealth summit.

Both the leaders expressed satisfaction at the growing momentum of bilateral ties, reflected in the increased interactions between the two sides, and reviewed progress in economic and commercial ties.

They expressed satisfaction that despite the continuing global economic slowdown and the Eurozone difficulties, India-British trade ties had been resilient and investments have moved satisfactorily.

In particular, the two leaders reviewed the Bangalore-Mumbai Economic Corridor (BMEC) and the India-EU Broad Based Trade and Investment Agreement (BTIA), said the sources.

Cameron attended the Probodhan Conference in Delhi. Later, he flew to Kolkata and met West Bengal Chief Minister Mamata Banerjee besides interacting with students and alumni of the Indian Institute of Management.