Commons Sense

House of Commons · Written Ministerial Statement

United Kingdom and Republic of India Comprehensive Economic and Trade Agreement

01 September 2025 · Department for Business and Trade

Proposed by Jonathan Reynolds Lab Co-op Stalybridge and Hyde

Business & Trade

Summarised by AI from the official record, so it can contain mistakes.

View on Parliament.uk

At a glance

Key points

  • The UK and India signed a Comprehensive Economic and Trade Agreement.
  • The government is commissioning independent advice for the agreement.
  • Legislative work to implement the deal is planned.

Issue summary

The statement discusses the signing of a Comprehensive Economic and Trade Agreement between the UK and India, outlining its economic benefits and steps towards ratification.

Action requested

The government has commenced pre-ratification steps by commissioning independent advice from relevant bodies and will follow standard procedures for laying reports under Section 42 of the Agriculture Act 2020 and the CRaG process for ratifying the agreement. Further legislative work to implement the deal is planned.

Key facts

  • The trade deal increases bilateral trade by £25.5 billion, UK GDP by £4.8 billion annually, and boosts wages by £2.2 billion per year.
  • Indian tariffs on UK products drop from an average of 15% to 3%, reducing tariff duties by around £400 million initially and rising to £900 million after staging.
  • The deal includes unprecedented preferential access to India's federal procurement market and improves customs and digital processes.
  • Expected economic boost for the West Midlands and Scotland is £190m, and £210m for the North West of England.
  • A Command Paper titled ‘Informational Copy of the Comprehensive Economic and Trade Agreement’ has been published on gov.uk.
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