India, France launch bilateral fast track mechanism in investments
- IBEF
- December 1, 2020
A bilateral fast track process for investment was introduced by India and France on Friday. Mr. Hardeep Singh Puri, Union Minister for Housing and Urban Affairs, and Mr. Franck Riester, French Minister Delegate for International Trade and Economic Attractiveness, also addressed ways to improve trade and investment ties in the midst of the coronavirus pandemic economic recovery.
The Indian Embassy in France said, “Aatma Nirbhar Bharat and Economic Sovereignty: India and France participate in post-pandemic economic recovery through a Joint Committee Meeting to accelerate trade and investment ties.” It also mentioned that both sides had initiated a "Bilateral Fast track" investment process.
After the conference, Mr. Puri said in a tweet, at the 18th session of the India-France Joint Committee, he participated in a significant and engaging interaction on bilateral trade and economic issues between India and France with @franckriester, Minister of Foreign Trade, Govt of France.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.
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