After three years of talks, the UK and India have agreed a free trade deal that both sides say will double bilateral trade between the world’s fifth- and sixth-largest economies by 2030.
But the accord is not without controversy, particularly around changes to rules on Indian workers being seconded to the UK, and the British government’s outline of the agreement said work was still required to “resolve the last issues” including auto quotas and carbon border taxes.
Trade experts said the overall deal — which will increase long-run UK GDP by 0.1 per cent a year, according to the government — was focused more heavily on goods than services, reflecting New Delhi’s longtime reluctance to open its markets in those areas.
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