Written Question·Department for Business and Trade·UIN 53473

Trade Agreements: India

Tabled: 20 May 2025

Answered: 29 May 2025

Question

Sir John Hayes

Conservative — South Holland and The Deepings

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) Lincolnshire and (b) the East Midlands.

Answer

Mr Douglas Alexander

This 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...

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