India-UK Trade Deal Expected to Increase Farm Export Growth by 20%

• The India-U.K. Comprehensive Economic and Trade Agreement (CETA) is expected to boost India’s competitive edge in agricultural and food-related sectors.

• The UK will benefit from a 12 percentage point average tariff reduction for exports to India, from 15% to 3%.

• The deal will see a reduction of tariffs on 90% of the tariff lines, covering 92% of the items currently exported from the UK to India.

• Among the items that will find cheaper access to the India market from the UK are whiskey, aerospace, automobiles, and electrical machinery.

• The deal does not provide access to India’s most sensitive sectors such as dairy products, apples, oats, and edible oils.

• The deal “sharpens” India’s competitive edge on a number of agricultural and food-related items, such as fresh grapes export to the UK and processed food preparations.