On the signing of the biggest trade deal since Brexit, between the UK and India, each country chose to champion different areas of their economies that would benefit.
India’s trade minister, Piyush Goyal, claimed the agreement would benefit “Indian farmers, fishermen, workers”. Jonathan Reynolds, the UK business secretary, said that the deal would unlock growth in areas as diverse as “advanced manufacturing in the North East to whisky distilleries in Scotland”.
Overall, the deal will cut Indian tariffs on 90 per cent of product lines, while 99 per cent of Indian exports to the UK are expected to benefit from zero duties. It is expected to increase trade between the two countries by almost 40 per cent and boost the UK’s GDP by £4.8 billion
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