MEA | Bilateral/Multilateral Documents 4 of 5 https://mea.gov.in/bilateral-documents.htm?dtl/29831/IndiaUK_List_of_MOUsAgreementsInit... growth, announcing Eversource Capital, a joint venture between Lightsource BP and Everstone Group, as the Green Growth Equity Fund Manager. An initial investment of £240m from both governments will catalyse additional City finance for green projects in India and UK companies will be able to bid for infrastructure projects financed by the Fund. The Fund will invest in renewable energy, clean transportation, water and waste management in India as part of India’s flagship National Investment and Infrastructure Fund (NIIF). UK and India contributions are investments that will generate returns for each country. 19. U K - I n d i a D i a l o g u e o n I n v e s t m e n t : The UK and India announced a Dialogue on Investment to improve our mutual understanding of priorities and review future opportunities for cooperation 20. S e c t o r t a r g e t i n g r o a d m a p : The UK and India have agreed to work together on a sector-based roadmap to address trade barriers in life sciences, food and drink and IT sectors. 21. U K - I n d i a m u l t i l a t e r a l t r a d e d i a l o g u e : The UK and India will take forward a dialogue under the Joint Working Group on Trade, which will support a shared commitment to the global rules-based system and to the WTO’s role in underpinning it. 22. F a s t T r a c k M e c h a n i s m : TheUK and India announced a mechanism to support Indian investments into the UK. 23. C o m m i t m e n t t o t r a n s i t i o n E U - I n d i a T h i r d C o u n t r y A g r e e m e n t s : The UK and India announced that this commitment willensure continued application to the UK of EU-India Agreements during the Implementation Period following the UK’s departure from the EU, and put in place arrangements to replicate relevant EU-India agreements beyond this period. 24. U K - I n d i a F i n t e c h D i a l o g u e : The two sides decided on the establishment of a FinTech dialogue to discuss further opportunities for financial services collaboration, including policy coordination. Global Force for Good 25. I n t e r n a t i o n a l S o l a r A l l i a n c e : The UK signed the Framework Agreement of the International Solar Alliance and became the 62nd signatory member country. The UK also expressed its commitment to the continued advocacy of ISAs aims and objectives. 26. R e s e a r c h a n d D e v e l o p m e n t : The UK and India will continue their world-leading research relationship, generating new knowledge and innovations that feed the world’s hungry (high yield crops), protect our environment (clean energy), save lives (advanced healthcare) and drive economic inclusion (digital services) Write a Comment 22.02.23, 11:32