{"id":138398,"date":"2023-09-12T13:26:27","date_gmt":"2023-09-12T07:56:27","guid":{"rendered":"https:\/\/www.oliveboard.in\/blog\/?p=138398"},"modified":"2023-09-12T13:26:27","modified_gmt":"2023-09-12T07:56:27","slug":"india-uk-hold-12th-economic-and-financial-dialogue-efd","status":"publish","type":"post","link":"https:\/\/www.oliveboard.in\/blog\/india-uk-hold-12th-economic-and-financial-dialogue-efd\/","title":{"rendered":"India-UK hold 12th Economic and Financial Dialogue (EFD) in New Delhi"},"content":{"rendered":"\n<div class=\"wp-block-media-text alignwide has-media-on-the-right is-stacked-on-mobile is-image-fill\" style=\"grid-template-columns:auto 46%\"><figure class=\"wp-block-media-text__media\" style=\"background-image:url(https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/09\/India-UK-hold-12th-Economic-and-Financial-Dialogue-EFD.jpg);background-position:53% 34%\"><img loading=\"lazy\" decoding=\"async\" width=\"2048\" height=\"1302\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2023\/09\/India-UK-hold-12th-Economic-and-Financial-Dialogue-EFD.jpg\" alt=\"India-UK hold 12th Economic and Financial Dialogue (EFD) in New Delhi\" class=\"wp-image-138402 size-full\"\/><\/figure><div class=\"wp-block-media-text__content\">\n<p><strong>The 12th Round of the Ministerial India-UK Economic and Financial Dialogue (EFD) took place today in New Delhi.<\/strong> The Indian delegation was headed by Smt. Nirmala Sitharaman, Union Minister for Finance and Corporate Affairs, while the U.K. delegation was led by Rt. Hon. Mr. Jeremy Hunt, MP, Chancellor of the Exchequer, U.K. This dialogue serves as an important platform for discussions and cooperation between India and the United Kingdom on economic and financial matters.<\/p>\n<\/div><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">About the 12th Economic and Financial Dialogue (12th EFD)<\/h2>\n\n\n\n<p>During the 12th Round of the Ministerial India-UK Economic and Financial Dialogue (EFD), India and the <a href=\"https:\/\/www.oliveboard.in\/blog\/uk-commits-2-billion-to-global-climate-fund\/\" target=\"_blank\" rel=\"noreferrer noopener\">UK<\/a> reaffirmed their commitment to strengthening their collaboration in the field of Financial Services. <strong>They aim to leverage each other&#8217;s strengths to promote financial inclusion and sustainable development, recognizing the significance of these goals for both nations.<\/strong><\/p>\n\n\n\n<p>There was a positive outlook regarding India&#8217;s efforts to promote financial services and investment in <a href=\"https:\/\/www.oliveboard.in\/blog\/elevating-indian-innovation-expert-gift-ifsc-insights\/\" target=\"_blank\" rel=\"noreferrer noopener\">GIFT IFSC (Gujarat International Finance Tec-City International Financial Services Centre)<\/a> and the UK&#8217;s commitment to support these endeavors.<\/p>\n\n\n\n<p><strong>The dialogue also emphasizes:<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li><strong>Knowledge Exchange:<\/strong> Enhancing knowledge exchange, cooperation, and support between India and the UK to advance infrastructure development priorities, foster a robust FinTech partnership, and promote Sustainable Finance in line with long-term growth objectives.<\/li><li><strong>Macroeconomic and Multilateral Cooperation:<\/strong> Both countries discussed mutual cooperation on macroeconomic and multilateral issues, reflecting their commitment to addressing global challenges.<\/li><li><strong>India-UK Infrastructure Finance Bridge:<\/strong> The announcement of the India-UK Infrastructure Finance Bridge, a collaborative initiative aimed at harnessing expertise and investments to support India&#8217;s National Infrastructure Pipeline.<\/li><\/ul>\n\n\n\n<p>The dialogue concluded with the adoption of a Joint Statement by the Union Finance Minister of India and the Chancellor of the Exchequer of the United Kingdom, highlighting their shared commitment to fostering economic and financial cooperation for mutual benefit.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">India-UK Financial Partnership (IUKFP)<\/h2>\n\n\n\n<p>As part of the Ministerial India-UK Economic and Financial Dialogue, the ministers also took part in the <strong>India-UK Financial Partnership (IUKFP) meeting<\/strong>. This meeting was co-chaired by Mr. Uday Kotak and Mr. Bill Winters and involved key business leaders from India and the UK, as well as representatives from financial regulators in both countries.<\/p>\n\n\n\n<p>The IUKFP meeting encompassed discussions on various policy papers and explored ideas for enhancing financial exchange and collaboration between India and the UK. It provided a platform for stakeholders to engage in meaningful dialogue and cooperation within the financial sector, aiming to strengthen ties and promote mutual benefits.<\/p>\n\n\n<ul class=\"wp-block-latest-posts__list is-grid columns-3 wp-block-latest-posts\"><li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/banking-financial-awareness-april-2026-quiz\/\" aria-label=\"Banking &amp; Financial Awareness April 2026 Quiz, FREE PDF\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/05\/Banking-Financial-Awareness-April-2026-Quiz.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"Banking &amp; Financial Awareness April 2026 Quiz\" style=\"\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/banking-financial-awareness-april-2026-quiz\/\">Banking &amp; Financial Awareness April 2026 Quiz, FREE PDF<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/current-affairs-april-2026-quiz\/\" aria-label=\"Current Affairs April 2026 Quiz, Get Free PDF &amp; Attempt Live Quiz\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/05\/Current-Affairs-April-2026-Quiz.png\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"Current Affairs April 2026 Quiz\" style=\"\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/current-affairs-april-2026-quiz\/\">Current Affairs April 2026 Quiz, Get Free PDF &amp; Attempt Live Quiz<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/how-to-prepare-current-affairs-for-rbi-grade-b\/\" aria-label=\"How to Prepare Monthly Current Affairs for RBI Grade B?\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/04\/RBI-Grade-B-3-1-1.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\" style=\"\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/how-to-prepare-current-affairs-for-rbi-grade-b\/\">How to Prepare Monthly Current Affairs for RBI Grade B?<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/monthly-current-affairs\/\" aria-label=\"Monthly Current Affairs 2026 PDF For SSC, Banking, Railways\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2025\/06\/Monthly-Current-Affairs-2026-PDF.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"Monthly Current Affairs 2026 PDF\" style=\"\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/monthly-current-affairs\/\">Monthly Current Affairs 2026 PDF For SSC, Banking, Railways<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/what-is-money-market\/\" aria-label=\"Money Market Quiz, Get FREE PDF: Part 2\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/04\/Money-Market-Quiz-Part-2.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"\" style=\"\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/what-is-money-market\/\">Money Market Quiz, Get FREE PDF: Part 2<\/a><\/li>\n<li><div class=\"wp-block-latest-posts__featured-image\"><a href=\"https:\/\/www.oliveboard.in\/blog\/money-market-quiz\/\" aria-label=\"Money Market Quiz, Get FREE PDF: Part 1\"><img loading=\"lazy\" decoding=\"async\" width=\"128\" height=\"84\" src=\"https:\/\/www.oliveboard.in\/blog\/wp-content\/uploads\/2026\/04\/Money-Market-Quiz-Part-1.webp\" class=\"attachment-thumbnail size-thumbnail wp-post-image\" alt=\"Money Market Quiz, Get FREE PDF: Part 1\" style=\"\" \/><\/a><\/div><a class=\"wp-block-latest-posts__post-title\" href=\"https:\/\/www.oliveboard.in\/blog\/money-market-quiz\/\">Money Market Quiz, Get FREE PDF: Part 1<\/a><\/li>\n<\/ul>","protected":false},"excerpt":{"rendered":"<p>The 12th Round of the Ministerial India-UK Economic and Financial Dialogue (EFD) took place today in New Delhi. The Indian<\/p>\n","protected":false},"author":54,"featured_media":138401,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10386,12575],"tags":[77],"class_list":["post-138398","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs","category-september","tag-current-affairs","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-50"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>India-UK hold 12th Economic and Financial Dialogue (EFD)<\/title>\n<meta name=\"description\" content=\"The 12th Round of the Ministerial India-UK Economic and Financial Dialogue (EFD) took place today in New Delhi. The Indian delegation was headed by Smt. 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As a content writer specializing in state-level exams, my mission is to unravel the complexities of exam information, ensuring aspiring candidates find clarity and confidence. Having walked the path of an aspirant myself, I bring a unique perspective to my work, crafting accessible content on Exam Notifications, Admit Cards, and Results. At Oliveboard, I play a crucial role in empowering candidates throughout their exam journey. My dedication lies in making the seemingly daunting process not only understandable but also rewarding. Join me as I break down barriers in exam preparation, providing timely insights and valuable resources. 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