MJIEL Vol 16 Issue 2 2019 - Article 3
Brexit and India–UK Free Trade Agreement:
Context, Prospects and Challenges
Amitendu Palit
ABSTRACT: Brexit would significantly influence the United Kingdom’s trade and external economic relations. While the eventual Brexit outcome is unclear, the UK’s trade policy has become noticeably active in anticipation of Brexit. This is evident from efforts to craft bilateral trade agreements with countries that have such deals with the EU. However, new trade agreements are also being explore by the UK, including with India. The challenges in reaching such an agreement are substantial. This paper is an attempt to contextualize the prospects of a trade agreement between India and the UK in the backdrop of Brexit and its potential implications. The paper examines issues likely to dominate trade talks between India and the UK, including tariffs and movements of people. Highlighting the contrasts in approaches to trade and trade deals between India and UK, the paper concludes, notwithstanding multiple challenges, positive intentions can produce gainful outcomes on a trade deal.

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