Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • DE
Thursday 23 March 2023 3:14 pm

UK-India trade agreement ‘about deal and not dates’, minister says

By: City PM reporter

Add as a preferred source on Google
The Business Secretary has now decided to withdraw these regulations, and will be setting out options to reform the wider framework shortly to reduce the burden of red tape on businesses.
More than £2bn of the fund has been earmarked for the automotive industry, with £975m for aerospace

The UK’s talks with India are “about the deal and not the dates”, a minister has insisted as a Conservative backbencher queried government progress towards a free trade agreement.

Trade minister Nigel Huddleston told the Commons “we will not tie our hands in terms of setting an arbitrary deadline”.

He spoke in response to Conservative MP Bob Blackman who claimed the minister’s “predecessor bar one promised a free trade deal by Diwali”.

Blackman said: “This month we’re due to have the seventh round of trade talks with our partners in India towards a free trade agreement.

“[The minister’s] predecessor bar one promised a free trade deal by Diwali, so what assessment has she (business and trade secretary Kemi Badenoch) made about achieving a free trade deal by Diwali this year?”

Huddleston responded: “Indeed, the secretary of state has been very clear it’s about the deal and not the dates and, therefore, we will not tie our hands in terms of setting an arbitrary deadline.

“But I am pleased to confirm that round eight of the discussions is currently under way.

“Both nations have committed to a very ambitious deal and we’re working together for a mutually ambitious deal and we’re working through substantive issues like goods, market access, services and investment.

“The deal with India is vitally important. This is £35bn of bilateral trade, sustaining half a million jobs in the two countries, so it’s vital that we expand on this deal.”

Read more

Steel tariffs watered down after industry backlash

Britains steel industry facing challenges with potential shutdowns and job losses, highlighting economic impact.

Badenoch told MPs during her department’s Commons questions that the government is “not lowering food standards at all for any free trade agreements that we are signing”.

Free trade concerns

Her comments came as shadow international trade minister Ruth Cadbury raised concerns the government “could weaken standards on pesticides and other factors in a rush to sign free trade agreements”.

Cadbury asked: “Here in the UK we’re rightly proud of our high food standards, standards that include very low allowable levels of pesticide residues in the food we eat.

“However, organisations such as the Pesticide Action Network have warned that the government could weaken standards on pesticides and other factors in a rush to sign free trade agreements (FTAs) in the Indo-Pacific region.

“Can the government, therefore, confirm that new FTAs will not lead to a weakening of standards such as pesticide residues on food entering the UK?”

Badenoch replied: “We have repeatedly said that we are not lowering food standards at all for any free trade agreements that we are signing.

“That is something that we have committed to and we would want to reassure all of those who lobby on this issue that our negotiators have this very much at the forefront of their minds.”

By Elizabeth Arnold, PA Political Staff

Read more

Starmer agrees investment deal with Japan as EU deal questioned

UK and Japan leaders discuss bilateral trade agreements at a high-level government meeting in London.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Politics

Related Topics

  • Indian economy
  • UK
  • UK Government
  • UK trade

Trending Articles

  • Burnham told to launch £100bn tax reform package

  • Harry Styles at Wembley Stadium review: running through the grief

  • Billionaire Easyjet founder in line for £800m payday from takeover

  • Construction sector cuts jobs again as house building slumps

  • Tickets for England World Cup quarter vs Norway on sale for $8m

More from City PM

  • Steel tariffs watered down after industry backlash

    Industrials
    Britains steel industry facing challenges with potential shutdowns and job losses, highlighting economic impact.
  • Starmer agrees investment deal with Japan as EU deal questioned

    Politics
    UK and Japan leaders discuss bilateral trade agreements at a high-level government meeting in London.
  • UK firms ‘bracing for change’ as Trump revives tariff threat over Big Tech tax

    Tech
    Donald Trump addressing media at a press event, wearing a suit and tie, with reporters and cameras in the background.
  • Gulf trade deal: Britain should learn from the success of Dubai

    Opinion
    Dubai skyline featuring iconic skyscrapers and modern architecture under a clear blue sky, showcasing the citys urban land...
  • Brexit 10 years on: Labour’s EU reset deal is ‘no growth strategy’

    Politics
    According to a new report from UK in a Changing Europe (UKICE), UK services trade has been more resilient than almost all other advanced economies.
  • Brexit 10 years on: Business does not want a referendum rerun, says CBI chief

    Business
    CBI Chief Economist Newton-Smith addressing economic trends at a business conference podium with charts in the background
  • UK in line for fresh US tariff hit as Trump proposes ‘forced labour’ levy

    Economics
    Breaking news conference podium with microphone, focused on speakers notes and event backdrop, set for journalist updates
  • US and Iran agree to peace deal’s text, negotiators say

    Economics
    Aerial view of Strait of Hormuz with cargo ships navigating the strategic waterway under clear blue skies

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy