UK signs trade deal with India
The Department for Business and Trade today announced the signing of a comprehensive trade agreement between the United Kingdom and India, a development hailed by the Association of Independent Meat Suppliers (AIMS).
The newly secured deal will result in significant tariff reductions by India, covering 90% of all tariff lines. Notably, 85% of these will become entirely tariff-free within a ten-year timeframe. British lamb is among the key agricultural products set to benefit from this agreement.
Tony Goodger, Head of Communications for AIMS, stated: “The reduction in tariffs on lamb exports to India represents a major win for our members. We anticipate strong demand for our premium offerings, such as Welsh PGI Lamb and Scotch PGI Lamb, from India’s expanding middle class. Furthermore, the agreement opens up significant opportunities for our high-quality assured Halal lamb to cater to India’s substantial Muslim population of over 200 million people.”
AIMS will now seek clarification from the DBT regarding the future tariff status of UK pork and pet food exports to India.
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