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India FTA offers competitive advantage to UK in advanced manufacturing
The FTA with India puts the UK at ‘a genuine competitive advantage’ in the advanced manufacturing sectors like automotive and machinery, UK secretary of state for business and trade Jonathan Reynolds told the House of Commons recently. “…It is estimated to increase bilateral trade by £25.5 billion (~$34.63 billion), UK GDP by £4.8 billion and wages by £2.2 billion each year in the long run,” he said.
The FTA with India puts the UK at ‘a genuine competitive advantage’ in the advanced manufacturing sectors like automotive and machinery, UK secretary of state for business and trade Jonathan Reynolds told the House of Commons recently.
“…It is estimated to increase bilateral trade by £25.5 billion (~$34.63 billion), UK GDP by £4.8 billion and wages by £2.2 billion each year in the long run,” he said.
