David Cameron must be delighted with the speed that an EU-India free trade pact is coming to fruition.
My MEP Robert Sturdy (pic)is Conservative International Trade spokesman and naturally delighted. We are already India’s biggest trading partner at some 40 billion euros annually.
Our press release today endorsed plans to strengthen and develop strategic trading links, which will be mutually beneficial.
Robert said:
“British Conservatives are particularly fond of India for historical reasons and we are proud of the legacy of freedom and democracy the UK left behind at independence. We strongly support freer trade globally and believe in India’s economic dynamism. As India’s traditionally foremost economic partner within the EU is Britain, we will champion the cause of closer trade ties if an EU-India FTA is agreed”.
I’m hoping this will not only benefit the big boys in business, but our smaller traders too.
Looks like something good for the country, Ellee.
We need to pressure India too for reform and to really allow us to trade internally in India. One way trade opening is not always good for us. See our current deficit with China and poor record of investment there hitherto.
Cityunslicker, that’s what I’m hoping too, and that it will also benefit the small man, not just the big companies in both continents.
Let’s see what Raj has to say if he pops by to comment.