Summary
Trade and financial ties between the United Kingdom and India are the focus of a three-year research collaboration examining how fintech and trade policy intersect between the two economies. Co-led by the University of Essex and RIS India, and backed by the Economic and Social Research Council (ESRC) and the Indian Council of Social Science Research (ICSSR), the initiative brings together economists and social scientists from both countries to study the evolving UK-India trade corridor.
International trade economics and financial technology intersect directly here, as digital payments infrastructure, cross-border financial services, and regulatory cooperation shape the future of UK-India commerce. With both countries pursuing closer economic ties in the years after Brexit, and India's fintech sector expanding rapidly, a stronger trade and financial technology partnership could matter for exporters, financial institutions, small and medium-sized businesses, and policymakers on both sides of the relationship.
Funded jointly by two national research councils, the collaboration draws on economic and social science methodologies to unpack barriers and opportunities in bilateral trade finance, including how emerging fintech infrastructure could reduce friction in cross-border transactions between UK and Indian businesses, how regulatory frameworks in each market could better align, and what that means for the wider trade finance ecosystem connecting the two countries.
How can fintech innovation strengthen the UK-India trade and financial relationship?
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