UK seeks views from public, businesses on free trade ties with India

The United Kingdom has launched a consultation to seek views from the public on trade deals with India, which is huge market for its products.

The United Kingdom has launched a 14-week consultation to seek views from the public and businesses for trade deal with India. While negotiations for a UK-India free trade agreement is aimed to start in autumn, these consultations are “to ensure a deal is tailored to UK interests”. Britain’s International Trade Secretary Liz Truss said, “We’re firing the starting gun on a free trade deal with India the world’s largest democracy, fifth-biggest economy, a nation of 1.4 billion people and a huge market for British goods like whisky, cars and services.” The UK wants a deal that slashes barriers to doing business and trading with India’s £2 trillion economy and market of 1.4 billion consumers. This includes removing tariffs of up to 150% on whisky and 125% on British-made cars.