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    <title>India-UK Economic and Financial Dialogue contributed successfully in strenthening the bilateral relationship between two countries: FM</title>
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    <description>The statement outlines India UK economic cooperation focused on fiscal consolidation, macroeconomic stability and mobilising private capital for infrastructure through Public Private Partnerships and Infrastructure Debt Funds. It commits to regulatory reforms to enhance the investment climate, including consolidation and regular review of the FDI framework, liberalisation of payments for technology transfer and royalties, planned implementation of a Direct Taxes Code and Goods and Services Tax, FATF membership for AML/CFT coordination, deepening financial sector reforms, financial inclusion, and administrative simplification via electronic interfaces.</description>
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