Almost all the issues between the EU and Britain regarding Brexit (the process of Britain's exit from the European Union) have been resolved and COVID's attack has started slowing down. In such a situation, India has started trying to give a new direction to its relations with post-Brexit European countries. On Wednesday, while the 10th Economic and Financial Dialogue was held under the finance ministers of India and Britain, on the other hand, Foreign Secretary Harshvardhan Shringla is going to visit France, Germany and Britain from Thursday.
It is clear that in the first phase, the intention of India with its three strategic partner countries of Europe, the relationships have to be reviewed. In the Economic and Financial Dialogue (EFD) between India and Britain, several decisions have been taken to strengthen the economic relations between the two countries. Finance Minister Nirmala Sitharaman and UK Chancellor (equivalent to Finance Minister) Rishi Sunak.
The meeting, chaired by Securities and Exchange Board of India (SEBI) Chairman Ajay Tyagi, two deputy governors of the Reserve Bank, was present, while Andrew-Bailey, Governor of the Bank of England and Nikhil Rathi, CEO of the Financial Conduct Authority, from the other side. After the meeting, Sunak said that economic relations with India have never been as important as they are now. The new agreements between the two countries will help increase investment as well as increase employment opportunities.
We are committed to working together to build a better relationship when the global economy returns to normal after the current epidemic. ' In Wednesday's meeting between the two countries Six issues have been agreed upon. This includes establishing a new partnership with the objective of providing financial support to the Indian National Infrastructure Pipeline set up for infrastructure projects in India. It has also been decided to create a new partnership platform by combining private companies of the two countries. It has also been decided to create a new common arrangement for better cohesion in the financial markets of the two countries.
On the other hand, the Ministry of External Affairs was told that during the visit of three strategic partner countries of Europe, Shringla will discuss bilateral relations as well as other global issues affecting each other's interests. It was also said that during the visit of these three countries, the situation in the Indian Pacific region will also be discussed. Due to Corona, many changes are being said in India's relations with EU countries after Brexit.