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Jaitley to leave for six-day official visit to UK , Switzerland on Sunday

| | Jan 17, 2016, at 12:28 am
New Delhi, Jan 16 (IBNS): Union Finance Minister Arun Jaitley will leave on Sunday for London for two-day official visit to UK followed by four day official visit to Zurich, Switzerland.

During his official visit to UK, the Finance Minister Arun Jaitley will meet his UK counterpart and Secretary of Exchequer  George Osborne on Monday.

He will also participate in three different Investors’ Meet organized by Goldman Sachs, Mastercard and CII & Kotak Mahindra among others. During his interaction with International Investors, Arun Jaitley will apprise the investors, UK based in particular, about the investment opportunities in different sectors in India including infrastructure, manufacturing, services and through National Investment and Infrastructure Fund (NIIF) among others.

The present Government has taken various initiatives in the last one and half year making India an attractive destination for investment. These initiatives have resulted in making the Indian economy more transparent, stable and reliable.

Now policy decisions have become faster and predictable. Other major initiatives include various tax rationalisation and simplification measures and opening-up of different sectors of the economy for FDI among others.

Jaitley will invite them to make best use of the opportunity and invest in India.

"Next day i.e. Tuesday,19th January, 2016, the Finance Minister Shri Jaitley will participate in India-UK Bilateral Meet and Economic and Financial Dialogue (EFD). In the evening, he will leave for Zurich, Switzerland," the government said in a statement.

During his stay in Zurich, the Finance Minister will participate in various World Economic Forum (WEF) programmes and meetings.

He is leading a large Indian delegation mainly consisting of Captains of Indian Trade and Industry who in turn will also meet their counterparts from different participating countries to explore the possibilities of trade and investment among others.

Jaitley would also address a Seminar jointly organized by the Confederation of Indian Industries (CII) and BCG on the topic of “India-Next Growth Engine of Financial Inclusion and Financial Governance”.

The Finance Minister will also hold meetings with his counterparts from other participating countries on the sidelines of WEF Meetings and would discuss among others the world economic situation and India’s economic preparedness to meet any future challenges.

After completing his six day official visit to UK and Switzerland, the Finance Minister will return to the National Capital on Jan 24.

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