British Parliament Panel Opens Inquiry Into Impact of India-UK FTA

The House of Lords International Agreements Committee has opened an inquiry this week into the impacts and implications of the UK-India Free Trade Agreement (FTA), concluded during Prime Minister Narendra Modi's visit to Britain in July this year.The cross-party panel, which includes British Indian Conservative peer Baroness Sandy Verma is seeking evidence from experts and stakeholders as part of the parliamentary process before the Comprehensive Economic and Trade Agreement (CETA) can come into effect. With a target to double bilateral trade to USD 120 billion by 2030, the CETA has been pitched by the Prime Minister Keir Starmer-led government as a "landmark agreement" that will increase trade by 25.5 billion pounds and UK GDP by 4.8 billion pounds annually in the long run.

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