UK to bring 100-member delegation to Vibrant Gujarat Summit

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Press Trust of India Ahmedabad
Last Updated : Sep 01 2016 | 10:13 PM IST
The United Kingdom today confirmed its participation in the Vibrant Gujarat Global Summit as one of the partner countries and announced to bring a 100-member delegation to the grand event to be held in January next year.
UK's High Commissioner to India Sir Dominic Asquith, who made the announcement before media today, added that the focus will be on life sciences and chemical sector this time.
The UK was also a partner country in the previous two Vibrant Gujarat Summits held in 2013 and 2015.
"Britain will be a partner country in the upcoming Vibrant Summit. We plan to bring roughly about 100-member delegation to the event. This time, we will have two separate delegations, one representing life science business and another would be of chemical sector," Asquith told reporters.
He met Gujarat Chief Minister Vijay Rupani yesterday to confirm his country's participation.
Commenting about the future implications of 'Brexit' on its trade ties with India, Asquith said it will have a positive impact whenever Britain formally exits the European Union (EU).
"The impact will be beneficial to both India and UK. Because, there are already well established trading and investment ties between both the countries. UK is the largest G20 investor in India while India is the third largest investor in the UK. This shared interest will continue after we formally exit EU," Asquith said.
"Our trade with EU is declining and we are opening up market outside the EU. In this scenario, we are looking forward to collaborate with India in both the directions," he added.

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First Published: Sep 01 2016 | 10:13 PM IST

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