Written Question·Department for Business and Trade·UIN 53315
Foreign Investment in UK: India
Tabled: 19 May 2025
Answered: 23 May 2025
Question
Alex Mayer
Labour — Dunstable and Leighton Buzzard
To ask the Secretary of State for Business and Trade, what assessment his Department has made of the potential impact of the UK-India free trade agreement on levels of investment in (a) Bedfordshire, (b) the East of England and (c) the UK.
Answer
Mr Douglas AlexanderThis comprehensive agreement is expected to boost increase bilateral trade by £25.5 billion, increase UK GDP by £4.8 billion and boost wages by £2.2 billion each and every year in the long run.This deal is expected to make trade between the UK cheaper and...
ⓘ
This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 53315) →