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Cameron meets PM with focus on trade and investment

Published: 15th November 2013 06:00 AM  |   Last Updated: 15th November 2013 01:10 AM   |  A+A-

British Prime Minister David Cameron during his meeting with Prime Minister Manmohan Singh on Thursday said that there has been “extraordinary progress” on trade and investment since his first trip here. This is Cameron’s third visit in as many years.

Later, in a tweet after his meeting with Singh, Cameron said they agreed that extraordinary progress on trade and investment has been made since 2010.

According to official sources, the two leaders ‘reviewed’ the progress in bilateral, economic and commercial ties. Both leaders expressed satisfaction that despite the continuing global economic slowdown and the Eurozone difficulties, India-UK trade ties have been resilient.”

Noting that investments on both sides have also progressed satisfactorily, the leaders “felt that there was a need to take this process further through increased interaction in various fields and regular steps and measures to continue this positive momentum,” sources said.

Cameron, who was on his way to Colombo to attend Commonwealth Heads of Government Meeting in Colombo, also shared strong view on Sri Lanka as the UK Prime Minister said he respected Singh’s decision not to attend the meet.

During the meeting, which came just ahead of Cameron’s departure for Kolkata, the two leaders also discussed the Bangalore-Mumbai Economic Corridor and were happy at the progress that has been made.

Earlier addressing Indian businessmen at an event, he favoured more meetings and informal discussions with the Indian Prime Minister and said there is a lot in common between India and Britain and the two were good trade partners as well.



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