FDF response to the UK's trade deal with India

George Hyde, Head of Trade, The Food and Drink Federation:

“We’re pleased to see the details of the new Free Trade Agreement with India, with tariffs for iconic British products, including chocolate, breakfast cereals and biscuits set to be phased out over the next decade. We also welcome that this agreement protects the UK’s sugar and rice milling sectors, reflecting the vital role these industries play in boosting local economies.

“With exports of UK food and drink to India already worth nearly £300 million annually, improved access to this growing market will help strengthen the competitiveness of our sector and help future-proof the nation’s food security. We look forward to working with government to help businesses make the most of this opportunity.”

Background:

Imports from India to the UK:

1. In order to protect sensitive UK sectors, the UK has offered no additional market access to Indian producers for the following products: sugar, milled rice, pork, chicken and eggs. Current duties will continue to apply for these products.
2. Most other Indian products will be liberalised (0% tariff) from when the agreement comes into force.

Exports from the UK to India:

1. A very small number of UK products, including mineral water and infant formula, will see instant tariff elimination.
2. A targeted selection of UK food and drink products will see tariffs phased out or reduced in stages over the next 5-10 years:

1. India currently has higher global tariffs than the UK.