Share FacebookTwitterWhatsAppPinterestLinkedinCopy URLTelegramEmailTumblrReddItPrintKoo LONDON, Jan 21 : Billions of pounds of tariff savings from Britain’s free trade agreement with India could be jeopardised by deep cuts to UK export support staff helping firms use the deal in practice, an influential Parliament panel cautioned in a report on Wednesday. The House of Commons Business and Trade Committee, with a remit to scrutinise the country’s trade deals, released its analysis as the government tables the India-UK Comprehensive Economic and Trade Agreement (CETA) in Parliament for ratification. It finds that initial duty savings for UK exporters to India could total 400 million pounds a year, potentially rising up to 3.2 billion pounds after 10 years as export volumes increase.
