India and UK hold 13th Economic and Financial Dialogue in London
Finance Minister Nirmala Sitharaman and UK Chancellor of the Exchequer Rachel Reeves held the 13th India-UK Economic and Financial Dialogue in London on 9 April 2025 and adopted a Joint Statement.
Summary
The 13th Ministerial meeting of the India-UK Economic and Financial Dialogue (EFD) was held in London on 9 April 2025. The Indian delegation was led by Union Finance Minister Nirmala Sitharaman, and the UK side by Chancellor of the Exchequer Rachel Reeves; the UK delegation included the Governor of the Bank of England, while the RBI Governor attended virtually. Both sides reaffirmed collaboration in financial services, FinTech and the digital economy, and between regulators, and at bilateral and multilateral fora on issues including affordable finance for low-carbon growth, taxation and illicit financial flows. They welcomed UK universities setting up campuses in India, the India-UK Financial Partnership report on direct listing in IFSC GIFT City, and a new private-sector workstream on green finance. The dialogue ended with the adoption of a Joint Statement.
Key facts
- Edition / venue
- 13th EFD, London, 9 April 2025
- Indian side
- FM Nirmala Sitharaman
- UK side
- Chancellor Rachel Reeves
- Welcomed
- UK university campuses in India; IUKFP report on direct listing in GIFT City; green finance workstream
- Outcome
- Joint Statement adopted
Practice MCQs 2 questions
The India-UK Economic and Financial Dialogue held on 9 April 2025 was which edition, and where was it held?
Show answer
Correct answer: B — 13th, London
13th, London; it ended with the adoption of a Joint Statement.
Who led the UK delegation at the 13th India-UK Economic and Financial Dialogue?
Show answer
Correct answer: A — Rachel Reeves
Rachel Reeves, Chancellor of the Exchequer; the Indian side was led by Finance Minister Nirmala Sitharaman.