free trade agreement (FTA), with investment negotiations set to run parallel to goods and services trade negotiations. The Economic and Financial Dialogue saw a continuation of the G20 discussion on digital payments with several countries expressing interest in India's Unified Payments Interface during G20 discussions.
Reserve Bank of India Executive Director Vivek Deep on September 10 stated that 20 to 25 countries were interested in India's Unified Payments Interface. Prime Minister Narendra Modi and UK Prime Minister Rishi Sunak reviewed progress on the India-UK FTA and expressed hopes for a mutually beneficial conclusion soon.
On the sidelines of G20, both leaders discussed various aspects of bilateral cooperation, emphasising sectors like technology, climate change, health, and mobility. A bilateral visit by UK PM Sunak was also proposed and accepted for further discussions.
Read more on livemint.com