Countries sign bilateral agreement before Thursday’s Commonwealth summit in London

Britain and India have laid the ground for a possible post-Brexit bilateral free trade deal and signed off on a series of commercial agreements worth up to £1bn, according to Downing Street.

Brexit opponents claim the chances of Britain securing a trade deal with India superior to a Indian-EU deal are a fantasy unless the UK makes major concessions on Indian skilled labour accessing UK markets. Karan Bilimoria, the British Indian entrepreneur and life peer, insisted Modi’s priority was a free trade deal with the EU.

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Read More UK and India ‘lay ground’ for free trade deal with bilateral agreement

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