PARLIAMENTARY WRITTEN QUESTION
Trade Agreements: India (19 July 2022)
Question Asked
Asked by:
Navendu Mishra (Labour)
Answer
A free trade agreement (FTA) with India offers the opportunity to deepen our already strong trade relationship, which was worth £24.3 billion in 2021.
The UK is a competitive supplier of whisky, having exported £146 million worth of whisky to India in 2021. However, Indian most favoured nation (MFN) tariffs on whisky are high at up to 150%. A comprehensive FTA would assist UK whisky exporters by addressing tariff barriers as well as non-tariff barriers such as customs provisions, helping to increase their competitiveness in the Indian market.
Answered by:
Andrew Griffith (Conservative)
26 July 2022
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