UK chancellor on a 2-day visit to city
The United Kingdom’s Chancellor of the Exchequer the Rt Hon George Osborne Member of Parliament will be in Mumbai on Tuesday and Wednesday. HT reportsmumbai Updated: Jul 27, 2010 00:38 IST
The United Kingdom’s Chancellor of the Exchequer the Rt Hon George Osborne Member of Parliament (MP) will be in Mumbai on Tuesday and Wednesday.
Osborne is the MP from the constituency of Tatton and has covered a wide range of issues and departments in his political career including work and pensions, agriculture, fisheries and food, and transport.
Looking forward to his visit, Osborne said, “I am delighted that my first visit to India as the UK’s Chancellor of the Exchequer is to Mumbai, India’s financial and commercial capital.”
“Our two countries have the potential to forge a new economic partnership and further develop, to our mutual benefit, the trade and investment links in financial services and the wider economy,” he added.
While in Mumbai, Mr Osborne will call on the Governor of the Reserve Bank of India D Subbarao.
He will also deliver a speech on ‘UK and India: A New Economic Partnership’ at an event that will be co hosted by the British Deputy High Commission, UK Trade & Investment and the Indian Bankers’ Association.
During his visit he will ring the opening bell at the Bombay Stock Exchange, launch Vodafone’s new solar powered mobile handset and announce the opening of Monitise, a UK mobile banking service company.
He will also meet leading bankers, regulators, corporate heads and industrialists in the city.