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The UK’s trade agreement with India could deliver economic benefits eventually comparable in scale to the now defunct US trade deal - but it also carries far more uncertainty and risk - 🧵THREAD 🧵 here - and full report on our website: economy2030.resolutionfoundation.org/reports/a-pres…
A UK-India FTA could be a big deal: UK business services exports under-perform in India relative to other Indo-Pacific regions – accounting for just 1.8% of imports to India, compared to 4.2% in Malaysia – so the potential for future growth is huge. 
A UK-India deal could also be a bigger, but riskier, deal than a US FTA. India is forecast to become the world’s third largest import market by 2050. Demand for business, telecommunications and computer services, where UK export firms perform well, is expected to treble in 2020s.
