Trade between India and Britain has gone up substantially in recent years.

And the growing India-UK trade will be the main theme an address that Minister of Commerce and Industry Kamal Nath will deliver at the University College, Oxford.

Official statistics said the two-way trade between the two countries has increased from a level of $6.2 billion in 2003-04 to $9 billion 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 and India's imports from the UK stood at $3.8 billion

Kamal Nath will deliver a Special Address at the University College in Oxford, in response to an invitation from the University of Oxford. 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 UK, Kamal Nath is also likely to call on Prime Minister Tony Blair.

On the bilateral front, he will hold discussions with Alistair Darling, UK secretary of state for trade and industry and participate in the Indo-UK Joint Economic & Trade Committee 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.