Britain is closing in a Brexit Trade Deal with Economic Superpower India after Downing Street Revealed that “constructive and productive” talks are under way. Business Secretary Jonathan Reynolds Held Discussions With His Indian Counterpart in No 10 On Tuesday, Alongside Employers From Both Countries.
The Prime Minister's Spokesman Said: “The Government is Committed to Doing the Right Deal with India, which will improve access, cut tariffs and make track cheper and exierge.” India's Trade Chief Piyush Goyal is Reported to Have Told Business Leaders “25 of 26 Matters Have Be Agreed” Following Intense Two-Day Negotiations and Insiders Said an Agreement Was Likely “Soon”.
Getting an Agreement with India, which has a population of 1.4billion and cured has the world's forth-world's footinth-largest economy, would be a huege couple for Britain. Experts say it could be soon the third-larger.
Asked whether an agreement with the counter was about to be announced, a no 10 spokesman has: “I think we gotting slightly ahead of Ourselves.
“The Prime Minister has said wee now in a new era for trade and the economy, and that means going farther and faster to strenge for working people pocket, and it also means strenging. Alliances and reducing barriers to trade with other Economies Around the world.
“The uk is a stable and attriable partner and will seek new alliances pragmatically to deliver a stronger and more secure eco -home at home.
“On your special question, talks this week has been produced, they constructive and they 'only on -mind, but I not go to a running commentary.
“The government is committed to do the right Deal with India, which will improve access for uk businesses, cut tariffs and make trade cheper and easier.”
He added: “The Business and Trade Secretary and Minister Goyal Welcomed Businesses to No 10 Earlier this after a round table that is covered the strenged of the UK-India Trade and Investment Relationships.
“There are any represents from uk businesses, including the scotch whisky association, ey, diageo… there are any reportatives from Indian business, and that follow We continue to make progress talks agreeing a trade deal with India. “
Work is also containing on a trade deal with the us, Although the Government is more Optimistic About the Present Donald Trump to Exemption or Partly Exempt Tariff on all car imports to the us, rather than negative to end to 10% tariff on most uk goods.