Economic Development Minister Philip Ozouf is expected to announce within days that around £400,000 in taxpayers’ money will be spent to appoint agents in both India and China.
It is likely that a major Indian bank will set up in Jersey as an early indication of the success of targeting India for new business and follows on the heels of one company that has already moved here.
The minister is ready to announce that deals have been struck to give the Island a presence in the world’s fastest growing economies.
