Govt hails 'best deal India offered to another country'

ODN

Business Secretary Jonathan Reynolds refuted claims that new UK-India trade will lead to British workers being undercut by Indian migrants. Speaking at Chequers, Mr Reynolds said: ''There's nothing in this deal that has an impact on immigration long-term.''  The UK-India trade deal is understood to be the largest of its kind for its economic impact on Britain, resulting in 2,200 jobs across the country and £6 billion investment by British and Indian businesses. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

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00:00Well it's a historic moment it's a really significant deal it's the biggest deal the UK

00:04has done since Brexit it's the best deal India has ever offered any country in the world traditionally

00:09a closed economy one of the fastest growing the fastest growing big economy in the world there

00:13are some really big gains for goods and services for the UK here so for scotch whiskey for aerospace

00:19for electric machinery for salmon there's a whole range of tariffs coming down in the case of whiskey

00:24from 150 percent to 40 percent for the biggest whiskey market in the world but also for services

00:29we'll have access to Indian government procurement in a way that no other country in the world yet

00:34has alongside ourselves so it means more growth more jobs more tax revenue for the exchequer and it's a

00:41deal everyone in every part of the UK should get behind i can absolutely guarantee that no British

00:46worker is undercut by this deal i would never agree a deal that undercuts British workers we never have

00:51we never will it's as clear as that what India has got as part of this deal is something that over 50

00:57other countries already have with the UK which is when you have an Indian company posting an Indian

01:02national temporarily to the UK or all the other way around could be a UK national from a UK company

01:07to India you pay into your own countries social security systems for that short period of time if

01:12you're not going to be in a country long term you get no entitlement to social security you pay into

01:17your own system so you're still paying you're just paying into your own system and the entitlements are

01:20kept separate Canada Japan the EU countries the US they all have these things in place but there's nothing in the

01:26steel more broadly as well that has any impact on immigration in the long term it's not about visas

01:32and access in terms of providing that in exchange for better access for British goods and services

01:36it's about a trade agreement that works for both economies in a very positive way

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