Indo UK trade deal.

Discussion in 'Europe and Russia' started by Chaffers, Jul 10, 2016.

  1. Chaffers

    Chaffers Regular Member

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    http://www.thehindu.com/business/Ec...t-deal-with-india/article8824943.ece#comments

    "Asked specifically if there was a discussion on the possibility of a separate bilateral FTA with the U.K., Commerce and Industry Minister Nirmala Sitharaman said: “ Naturally…once the process of informal discussions starts then we get into discussions in detail. They will all fall into a formal framework...whether it is a preferential or a free trade agreement that will be a mutually discussed matter.”"

    What will this mean for the economies of both countries?

    Out of interest what current trade deals does India have and how have these shaped economic policy?

    Personally I'd like to see closer defence and political cooperation as well as trade. The UK could give India a voice on the UNSC, provide high technology and industrial cooperation, begin common defence programs and share intelligence.
     
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