Trade Negotiations Debate

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Department: Cabinet Office

Trade Negotiations

Sojan Joseph Excerpts
Tuesday 6th May 2025

(2 days, 13 hours ago)

Commons Chamber
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Douglas Alexander Portrait Mr Alexander
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What I said was that we have social security agreements with a range of countries, including the USA and with the EU. The hon. Lady asks whether a new points-based system is being introduced, and I can assure her that that is not the case. The deal covers only business mobility, and the UK has not given away visas or created new routes. Existing business mobility routes have been expanded for highly skilled and experienced professionals to cover additional sectors, but to qualify for these routes professionals must demonstrate that they meet the strict criteria for professional experience and qualifications.

Sojan Joseph Portrait Sojan Joseph (Ashford) (Lab)
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Does the Minister agree that by securing the best deal that India has ever agreed, the Government have put UK businesses in an incredible position to take advantage of the rapidly growing economy?

Douglas Alexander Portrait Mr Alexander
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India is quite simply the fastest growing economy in the G20, and is expected to be the third largest economy in the world by 2028. If we were choosing countries that we would wish to do deals with, India would be pretty high up the list. By 2030, India will be home to an estimated 60 million middle-class consumers, whose numbers are projected to grow to a quarter of a billion by 2050, and the demand for imports is on course to top £1.4 trillion by 2035.