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With the UK still struggling to iron out the details of a post-Brexit free trade agreement with India, New Delhi has instead clinched a landmark deal with four European nations that it claims will result in $100bn (£78bn) of investment in the country.
The UK’s goods trade is lagging far behind the rest of the G7, while services are booming.
Seven years since the referendum, how have the “promises” made by the most prominent Brexiteers panned out? Here’s a rundown of the 10 most spectacular untruths.
British rice milling industry faces wipe-out from part of a trade deal being discussed with India. First proposed by Boris Johnson, it is also predicted to raise consumer food prices and break UK limits on pesticides.
Trade secretary Kemi Badenoch has taken a swipe at ex-PMs Boris Johnson and Liz Truss for setting public deadlines in trade negotiations.
India supplies the NHS with a quarter of its medicines and changes to pharma monopoly rights and patent laws under leaked plans could see costs spiral.
British Chambers of Commerce urges government to ‘cut red tape on UK-EU goods movements’.
Britain’s TUC and Indian unions alike have raised concerns about deteriorating work conditions for workers, low pay and exploitation.
The landmark deal to liberalise trade with one of the world’s biggest growing economies is delayed in a blow to the Government’s growth plans.
You can’t restrict immigration without damaging trade deals. / For years the Brexiteers have been in denial about the contradictions inherent to their project. Now they are coming out in the open.
Home Secretary Suella Bravernan’s claim that Indian migrants are the largest group who “overstay” their welcome in the UK could derail Britain’s post-Brexit trade deal with New Delhi. / Indian ministers are said to be furious with her remarks as the agreement is reportedly “on the verge of collapse”.
Former Prime Minister Boris Johnson met Indian leader Narendra Modi in April and set an ambitious target to sign the free trade agreement (FTA) by Diwali later this month. / Recently, Braverman said that she had doubts regarding the deal as it would increase immigration to the UK even as Truss is eager to sign an agreement with India by Diwali, on October 24.
Focus on substance rather than Diwali deadline, trade secretary Anne-Marie Trevelyan told.
International Agreements Committee warns of dangers of ‘arbitary’ Diwali deadline. / The government's rushed negotiating strategy for getting a Brexit free trade agreement (FTA) with India risks a bad deal, a parliamentary committee has warned.
Ruptures have once again emerged across government over the direction of the UK’s post-Brexit trade policy, with environment secretary George Eustice raising concerns about a potential deal with India.
The end of the transition period was merely a staging post within a process that will be long with us, says Chris Grey.
Sam Bright summarises the key issues with the UK’s attempts to forge new economic alliances after leaving the world’s largest trading bloc.
Brussels and Delhi tipped to open talks on free trade agreement within days – while UK admits ‘shared intent to begin work’ only.
Kevin Rudd (former Australian PM) - The idea the U.K. could do a quick FTA with India post #brexit is “the biggest bucket of bollocks” I've heard from the brexiteers so far.
Another Brexit advertising campaign. They've replaced sporting events as signs of the changing seasons. Instead of Wimbledon or the Olympics, we get Michael Gove talking gibberish on television and further millions poured into preparedness exercises for an outcome with no tangible benefits.
Shortened trade talks will result in ‘flimsy’ deal, former British prime minister says
Brexit is a Tory invention and pro-Europeans must still fight the prospect of EU exile, writes Will Hutton.
The government should ease migration rules for Indians coming to Britain if it wants to secure a post-Brexit trade deal with one of the world’s fastest growing economies, says the Commons foreign affairs committee.