MIGRANTS-SHARMA 2LST

Pointing out the fact that "Indian companies use UK as
their hub and the capping of immigration can be detrimental,"
Sharma asked the government to ensure it does not obstruct in
any manner the professional and business movement.
He said Indian companies have invested excess of USD
20 billion in the UK, while British companies had invested USD
18 billion in India, in addition to the investment made by
Vodafone.
Cameron and Sharma reviewed bilateral relations and
looked into various priority areas where additional thrust
needs to be given, including science, technology, innovation,
education, infrastructure, agriculture and food processing.
Sharma told newsmen that Cameron told him that he had
"a very good meeting" with Prime Minister Manmohan Singh in
Toronto and also discussed his July visit to India.
Cameron said he was looking forward to the visit as
the two sides discussed economic engagement and agreed to work
together in the multilateral forums.
Sharma was told that Cameron will be accompanied by a
strong delegation to India.
"The two sides will put in place a mechanism to
regularly review the progress of implementation of decisions
taken in various sectors so that government, if needed, can
intervene or take corrective steps," the minister said.
Sharma, during his meeting with Hague discussed
linkages of institutions, service sector and investment and
reciprocal recognition of professional degrees, particularly
in law and accounting.
On the Doha round of WTO negotiations, Sharma said
both countries are striving to see that they reach a
rule-based regime for successful conclusion of the trade
talks.
He said it is very clear that Britain is committed to
elevate bilateral relations to a higher level. Sharma said the
mood was "very positive" during his discussions with Cameron.
It is significant that Cameron will be undertaking his
first state visit to India, he said. PTI HSR
KAB


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