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Nath to speak on India & Future of World Trade Talks at Oxford

May '07
Shri Kamal Nath, Minister of Commerce & Industry, will deliver a Special Address at the University College in Oxford, in response to an invitation from the University of Oxford.

The Special Address, which is part of the University's Global Economic Governance Programme, will be on “India and the Future of the World Trade Talks(WTT)."

During his visit to the UK, Shri Kamal Nath is also likely to call on Prime Minister Tony Blair.

On the bilateral front, he will hold discussions with Mr. Alistair Darling, UK Secretary of State for Trade & Industry and participate in the Indo-UK Joint Economic & Trade Committee (JETCO) review meetings.

JETCO was established in September 2004 to further develop a strategic economic relationship and promote business-led vehicles to enhance bilateral trade and investment between India and the UK.

Indo-UK trade has gone up substantially in recent years, with two-way trade between the two countries rising from a level of US $ 6.2 billion in 2003-04 to US $ 9 billion in 2005-06.

India had a trade surplus with the UK in 2005-06 as India's exports to the UK surged to US $ 5.1 billion and India's imports from the UK stood at US $ 3.8 billion.

Press Information Bureau

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