{"id":117978,"date":"2023-08-27T09:01:26","date_gmt":"2023-08-27T09:01:26","guid":{"rendered":"https:\/\/cottontailsonline.com\/?p=117978"},"modified":"2023-08-27T09:01:26","modified_gmt":"2023-08-27T09:01:26","slug":"india-to-cut-tariffs-on-whisky-and-cars-in-return-for-british-visa-concessions","status":"publish","type":"post","link":"https:\/\/cottontailsonline.com\/politics\/india-to-cut-tariffs-on-whisky-and-cars-in-return-for-british-visa-concessions\/","title":{"rendered":"India ‘to cut tariffs’ on whisky and cars in return for British visa concessions"},"content":{"rendered":"

India: Possibility of UK trade deal 'much higher' says expert<\/h3>\n

Brexit Britain stands to receive a major trade deal win as India moves to slash tariffs on Scotch whisky and British cars by at least a third.<\/p>\n

The move would provide a major boost for Rishi Sunak and Trade Secretary Kemi Badenoch, who arrived in India last week to launch the 13th round of trade talks.<\/p>\n

Negotiators have now entered what is being described as the \u2018most intense and politically fraught\u2019 stage of the talks, with concessions on services and labour being thrashed out.<\/p>\n

The trade deal stands to be India\u2019s first ever comprehensive trade pact with a developed nation, with both PMs – Narendra Modi and Rishi Sunak – hoping to get it over the line before each country\u2019s 2024 General Elections.<\/p>\n

Reports this morning suggest India is offering to cut tariffs on whisky, a major British export, from 150 to 100 per cent, or up to 75 per cent for bulk exports.<\/p>\n

READ MORE: <\/strong> Kemi Badenoch says \u2018global Britain is thriving\u2019 as India trade deal is finalised<\/strong><\/p>\n

<\/p>\n

Britain\u2019s car industry, which currently attracts tariffs as high as 100 per cent, also stands to see major benefits.<\/p>\n

In return, Delhi wants movement on lower taxes for companies and workers on short-term visas.<\/p>\n

Currently Indians in the UK pay more than \u00a3500 million a year in National Insurance, yet don\u2019t receive a British pension and have to pay twice as India makes them continue paying up back home.<\/p>\n

India considers this to be a key \u201csticking point\u201d, with a source telling the Sunday Times Modi\u2019s Government must satisfy India\u2019s business community.<\/p>\n

India has already signed agreements with Canada, Australia and France that exempt their workers from making social security contributions in their new country.<\/p>\n

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The source said: \u201cThe social security agreement is a very important thing for us\u2026 It creates a lot of ill will if folks have to surrender a significant amount of their savings\u201d.<\/p>\n

Delhi also wants legal commitments to protect the length of time Indian graduates can stay in the UK after graduating.<\/p>\n

This will be politically contentious, given Home Secretary Suella Braverman recently secured a win with an announcement to clampdown on foreign students in the UK, and a limit on the number of family members they can bring here during their studies.<\/p>\n

Any concessions on foreign students will threaten progress on Britain\u2019s record high immigration figures, likely dividing Tory MPs.<\/p>\n

In October last year it was reported Ms Braverman almost collapsed UK-Indian trade talks after she criticised proposals to relax movement of people with India in order to secure a deal.<\/p>\n

She told The Spectator: \u201cI have concerns about having an open borders migration policy with India.<\/p>\n

\u201cLook at migration in this country – the largest group of people who overstay are Indian migrants.\u201d<\/p>\n

Her comments sparked \u2018shock and disappointment\u2019 among officials in Delhi, who accused her of being \u201cdisrespectful\u201d.<\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

India: Possibility of UK trade deal 'much higher' says expert Brexit Britain stands to receive a major trade deal win as India moves to slash tariffs on Scotch whisky and<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"yoast_head":"\nIndia 'to cut tariffs' on whisky and cars in return for British visa concessions - cottontailsonline.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cottontailsonline.com\/politics\/india-to-cut-tariffs-on-whisky-and-cars-in-return-for-british-visa-concessions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"India 'to cut tariffs' on whisky and cars in return for British visa concessions - 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