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Trade •Economy to be
Relationships 1.75% larger
• Analysis showed the UK economy would be 4% smaller by
2030 under May's deal than it would otherwise have been.
• Brexit is an opportunity for India to reset the legal terms of its trade
with the UK and EU, at the multilateral level, and through free
trade agreements.
Britain is among the top trading partners for India both in terms of
inbound and outbound trade.
In pure trade terms, UK ranks 12th in a trade with India but it is
important because the UK is one of the seven large nations with
whom India runs a trade surplus.
• India is also 3rd Largest Investor in Britain.