India and China Seek UK Trade Deals

HEAVEN

China has already signalled its keenness for an Anglo-Sino free trade deal, now India says a bilateral trade agreement would be “made in heaven”. Naushad Forbes, president of the Confederation of Indian Industry, says a deal will lead to increased trade. Indian companies already invest more in the UK than in the rest of the EU combined, and UK is third largest foreign investor in India. Nine years of talks over an India-EU agreement stalled over concerns about European exports of wine and cars. Forbes says these problems would not apply if the UK negotiated its own arrangement. Moves in the US to put Britain at the front of the queue, India and China on board – that’s over a third of the world’s population open for business…




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Quote of the Day

Philip Hammond uses a trip to Berlin to mock the Foreign Secretary:

“A compromise is the art of dividing a cake in such a way that everyone believes he has the biggest piece. Wise words with some applicability to the Brexit negotiations although I try to discourage talk of “cake” amongst my colleagues.”

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