India Foreign Direct Investment and Trade 2022-06-16
2022-06-16
TAGS
Response quality
Questions & Answers
Q1
Partial Answer
▸
Context
Discussions with India on increasing trade and foreign direct investment.
What recent discussions she has had with her Indian counterpart on increasing (a) trade with and (b) foreign direct investment from India.
Our trading relationship with India was worth over £24 billion last year, and we are already India's top investment destination in Europe. We have had many discussions and remain determined to create more good jobs and boost wages across Britain.
▸
Assessment & feedback
Did not provide details of recent discussions specifically requested
Response accuracy
Q2
Direct Answer
▸
Context
Kensington's strong links with India and the launch of International Yoga Day.
Can my hon. Friend explain to the House how a trade agreement with India can benefit the whole of the UK?
British and Indian businesses have confirmed more than £1 billion of new investment and export deals in areas from software engineering to health, creating almost 11,000 jobs across the country, including in Edinburgh, Leeds, Northumberland and York.
▸
Assessment & feedback
Response accuracy
Q3
Partial Answer
▸
Context
Historical ties and democratic structure with India.
Does the Minister agree that British business should look more towards India than China for future trade relationships given its democratic structure and our historical ties, and what steps are the Government taking to encourage and facilitate that?
Through the integrated review, we are pursuing deeper engagement with India and other partners across the Indo-Pacific, supporting those who champion Anglo-Indian relations.
▸
Assessment & feedback
Did not provide specific steps taken to encourage UK-India trade
Response accuracy
Q4
Partial Answer
▸
Context
Contacts between the UK and India culturally, economically, historically.
Can the Minister outline what steps are being taken to ensure compliance with human rights, which is an essential component of any trade deal, as a priority?
We encourage all states to uphold their obligations and condemn incidences of discrimination because of religion or belief, regardless of the country or faith involved. We do engage with India on a range of issues, carrying the torch of freedom forward.
▸
Assessment & feedback
Did not provide specific steps taken to ensure human rights compliance in trade deals
Response accuracy
Q5
Partial Answer
▸
Context
Modi's emissions reduction commitments at COP26 and the Australia deal.
What preparation is the Minister making to use a possible trade deal to support Modi's ambitions and act on recommendations from the CBI about how our trade policy can support climate goals?
We want trade to be a force for good in the world, including green trade, which we believe can create thousands if not millions of jobs across Britain and indeed the world.
▸
Assessment & feedback
Did not provide specific preparations or commitments related to climate goals in trade deals
Response accuracy