Matthew Lynn

It’s time to get on with the Indian trade deal

(Photo: Getty)

The trade secretary Kemi Badenoch will be in India this week for a meeting of G20 trade ministers. The Prime Minister Rishi Sunak will be visiting the country in September. With so many ministers on hand, it might seem the perfect moment to unveil the long-awaited UK-India trade deal. After all, the former PM Boris Johnson at one point promised to get it wrapped up before Diwali in the autumn of 2022, although as so often he over-promised and under-delivered. Even so, the dithering is getting more and more alarming. A trade deal with India is now the big prize of Brexit – and should be wrapped up without delay. 

A trade deal with India is now the big prize of Brexit – and should be wrapped up without delay 

Trade deals with Australia and New Zealand are all very well. But in reality, it will be a deal with India that will prove far more significant in the long run.

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Written by
Matthew Lynn

Matthew Lynn is a financial columnist and author of ‘Bust: Greece, The Euro and The Sovereign Debt Crisis’ and ‘The Long Depression: The Slump of 2008 to 2031’

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