UK-India bilateral trade deal to boost UK’s exports by 2.6 billion
A free trade agreement between the UK and India would increase trade between the countries by 25 per cent, new research undertaken by the Commonwealth shows. If implemented post-Brexit, UK’s exports to India would increase by 50 per cent, from $5.2 billion to $7.8 billion, according to the research estimates. Exports of UK products such as cars, beverages and spirits are expected to rise. The Commonwealth also predicts a 12 per cent annual increase in India’s exports to the UK.