Spot the problem

[gruntling]

It's one reason but just one of many.

Polly wants a cracker?

[WTFH]

Spot the problem

Scotch Whiskey into India is one example. India is quite a big market after all...

Is the issue there due to non-existent export tariffs or Indian import tariffs?
International Trade

[gruntling]

Is the issue there due to non-existent export tariffs or Indian import tariffs?
International Trade

You aren't understanding me.

Indian tariffs on Scotch imports must be reduced

[meridian]

A lower exchange rate, all things being equal, makes imports more expensive and exports cheaper. That's how international trade works.

Read back what you’ve written. On the one hand, you say that expensive raw imports (due to tariffs) hurt U.K. exporters. On the other hand, you imply that expensive raw imports (due to exchange rates) don’t bother the German exporters at all.

Leaving aside whether our tariffs on raw material imports are expensive at all (they’re not), this is cakism - you can’t have it both ways.

[gruntling]

Read back what you’ve written. On the one hand, you say that expensive raw imports (due to tariffs) hurt U.K. exporters. On the other hand, you imply that expensive raw imports (due to exchange rates) don’t bother the German exporters at all.

Leaving aside whether our tariffs on raw material imports are expensive at all (they’re not), this is cakism - you can’t have it both ways.

There is no contraction in what I've written at all. It's how economics works and prices are set.

[meridian]

I didn't claim that at all.

The main problem with the UK trying to do trade deals with India is that we can't while we remain in the EU.

We could have, as part of the EU. But we didn’t want to accept the FTA conditions. There isn’t one main problem, but plenty of smaller ones such as India’s reluctance to lower duties on goods, India’s reluctance to open up the services sector, the EU’s reluctance to lower food and goods standards to India’s level, and the UK’s reluctance to accept more visas.

Why would those conditions be any easier now that we’re not part of a larger bloc?

[gruntling]

We could have, as part of the EU. But we didn’t want to accept the FTA conditions. There isn’t one main problem, but plenty of smaller ones such as India’s reluctance to lower duties on goods, India’s reluctance to open up the services sector, the EU’s reluctance to lower food and goods standards to India’s level, and the UK’s reluctance to accept more visas.

Why would those conditions be any easier now that we’re not part of a larger bloc?

Well the trade talks with India haven't been easy that's true but the UK probably has stronger links with India than most EU countries which may work in our favour.

India says UK free trade deal will take years - BBC News is a fairly good summary of where things stood in 2017.

[vetran]

Scotch Whiskey into India is one example. India is quite a big market after all...

Pah I ignore your 1.3 Billion customers in one country and remind you the EU gives your very limited access to 500 million !

[Eirikur]

Pah I ignore your 1.3 Billion customers in one country and remind you the EU gives your very limited access to 500 million !

Even if every person including babies would drink Scottish Whiskey in India the impact on the overall economy would be just a drop in the ocean. Besides that 80% of the Indian population can probably not even one bottle per year, it would be an outrageous luxury for most of them.

[NotAllThere]

Pah I ignore your 1.3 Billion customers in one country and remind you the EU gives your very limited access to 500 million !

1.3 Billion customers with an average yearly income of $600, compared with 500 million with an average yearly income of $20,000.

That's $0.78 billion (India) and $10 billion (EU). Pretty clear which is the biggest market.