UK should focus on trade with Europe, not India, says expert
London: A leading economist has said that the UK should focus on trade with Europe, not India.
According to Kashmir Media Service, the economist, Will Hutton, said that India is not the easy trading partner as it has high unemployment and corruption.
Hutton said that the UK should instead focus on trading with countries in Europe, where its interests and values are more closely aligned.
Hutton’s comments come as the UK government is negotiating a trade deal with India. However, the negotiations have stalled, with India demanding concessions that the UK is unwilling to give.
Hutton’s comments are a reminder that the UK should not rely too heavily on trade with China and India. Instead, the UK should focus on building strong trade relationships with countries in Europe.