New £1bn trade agreement with India could create more than 6,500 jobs

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Prime Minister Boris Johnson has announced new trade deal with India that could create more than 6,500 jobs

Mr Johnson's first visit to India was scheduled for January but was delayed because of the UK's winter wave of coronavirus.International Trade Secretary Liz Truss, who was due to hold talks with her Indian counterpart on Tuesday, told Sky News the new trade agreement was"a win-win for both countries".

"It's about helping India with the immediate COVID crisis but also helping India build back better after the COVID crisis," she said. Ms Truss added the agreement would represent"the immediate gains we can get for both countries driving jobs and growth here in Britain and in India". She said negotiations on a full free trade agreement with India would begin in the autumn, with a view to the talks being completed"as soon as possible"."For example there are very high tariffs on cars into India and products like whisky into India - we want to see those tariffs lowered or removed to benefit industries here in Britain."India is the world's largest democracy, it's a rapidly growing economy.

"This is where Britain needs to be, we need to be trading with those fast-growing parts of the world to the benefits of British people right across the country."

 

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And maybe “could” generate £1 billion - not guaranteed nor are the jobs.

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