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| October 21, 2009 | Lord Mayor of London to visit Delhi | | New Delhi:
The Lord Mayor of the City of London , Ian
Luder, will arrive in New Delhi on Thursday along with a business delegation. The
Lord Mayor is arriving here to conclude his week-long visit to India. Earlier
this week, he visited Hyderabad and Mumbai. During his two-day visit, the Lord
Mayor will meet Indian ministers and business leaders. His discussions will focus
on increased collaboration in areas such as insurance, banking and legal services.
He will also discuss the benefits financial services can bring to all sectors
of society and share his views on how global co-operation on regulatory reform
can best be harnessed to ensure future growth. The delegation will also share
UK expertise on the corporate debt market and in the area of infrastructure finance.
India has set a target of 500 billion dollars in infrastructure investment. The
Lord Mayor is keen to see how UK capital, public-private partnerships (PPP) and
carbon-emissions trading expertise can contribute to India 's infrastructure development.
The business delegation includes senior representatives of all the major financial
services sectors: banking, insurance, legal services and accountancy. " Delhi
is crucial to India 's expansion as a global economic powerhouse. I look forward
to sharing views on how the City of London and the UK can help India build its
future as a leading economy of the 21st century," said Luder. "The City of London
is a dynamic place to do business and the current crisis can be seen as an opportunity
to develop partnerships to foster future economic growth," Luder added. | |
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