UK's Cameron in India trade offensive

Written By Unknown on Senin, 18 Februari 2013 | 22.33

BRITISH Prime Minister David Cameron has arrived in India with what he calls Britain's biggest ever overseas business delegation for a three-day visit clouded by a corruption scandal.

His trip, starting in Mumbai, comes amid a raging controversy over India's procurement in 2010 of 12 helicopters from Anglo-Italian firm AgustaWestland in a $US748 million ($A730 million) deal.

After an investigation in Italy suggested kickbacks were paid via middlemen to secure the deal, India has taken steps to cancel the contract and started its own police inquiry.

The British prime minister is likely to face further questions about the probe - the helicopters are being manufactured in southwest England - with the Indian government keen to be seen to be acting tough on its latest problem.

The affair has taken the gloss off Cameron's second trip to India to press for deeper economic ties between the two countries and greater access for British companies in one of the world's most dynamic economies.

"India's rise is going to be one of the great phenomena of this century," he said at a factory of part-British consumer products group Hindustan Unilever.

"Britain wants to be your partner of choice."

The British leader has targeted a doubling of annual bilateral trade from STG11.5 billion ($A17.5 billion) in 2010 to STG23 billion by the time he faces re-election in 2015.

Among his 100-plus delegation are executives eyeing moves by the Indian government to open up the retail, airline, banking and insurance sectors to foreign investors, and heads of six universities.

After his business meetings in the financial capital on Monday, Cameron will fly to New Delhi for talks with Prime Minister Manmohan Singh and President Pranab Mukherjee on Tuesday.


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