India, UK announce deals worth 9-billion poiunds
Both the countries also decided to collaborate in the field of defence and cyber security besides launching a railway rupee bond.
British Prime Minister David Cameron described the relations between the two sides as a "new dynamic modern partnership". He pledged his country's support for India's permanent membership of the UN Security Council.
Prime Minister Modi said India has plans to use London as a financial base for fundraising."We are going to use the London market for fundraising even more and I am happy to announced that we are set to launch a railway rupee bond in London. It is appropriate as the journey of Indian Railways started in the UK," he said.
Modi has been on a three-day visit to the UK. He was accorded a guard of honour by the 48-member F Company Scots guard accompanied by the regimental band of Irish guards.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
Support objective journalism for a small contribution.
