Kamal Nath to deliver special address at Oxford on tomorrow

New Delhi, May 2 (UNI) The Commerce and Industry Minister Kamal Nath will deliver a special address at the University College in Oxford, as part of an invitation from the University tomorrow.

The special address, which is part of the University's Global Economic Governance Programme, will be on 'India and the Future of the World Trade Talks'.

During his visit to the United Kingdom (UK), Mr Nath is also likely to call on Prime Minister Tony Blair.

On the bilateral front, he will hold discussions with Mr Alistair Darling, UK Secretary of State for Trade and Industry and participate in the Indo-UK Joint Economic and Trade Committee (JETCO) review meetings.

JETCO was established in September 2004 to further develop a strategic economic relationship and promote business-led vehicles to enhance bilateral trade and investment between India and the UK.

Indo-UK trade has gone up substantially in recent years, with two-way trade between the two countries rising from a level of 6.2 billion dollar in 2003-04 to nine billion dollar in 2005-06.

India had a trade surplus with the UK in 2005-06 as India's exports to the UK surged to 5.1 billion dollar and India's imports from the UK stood at 3.8 billion dollar, said an official statement issued here today.

UNI