Speeches by Bryant.

“That is why we have already been speaking to a lot of businesses in India. The process of going through this has thrown up a lot of the problems that we know will exist. That is why we are able to have a pretty convincing idea of precisely where business will, from day one, be easy to transact. That is why it was impor…”

“No. It is just like we in the UK have a whole load of legislation, which some might attack—I think the NFU said to you earlier today that we had not protected the dairy market in the UK in the way that it would want. At the moment, there is no Indian company that has met our licensing requirements for dairy in the UK. …”

“Yes. It is just a fact that Government are going to have to do more with less and with fewer people over the next few years. That is a fact. We are resolute that one of things that we have to do is focus. One of the things we are focusing on is India. It is making sure, because this is such an important market for us—h…”

“That is resourced separately. That is resourced from our team here in the UK.”

“All those other negotiators, sorry?”

“It is a simple fact that this is one of the areas where we will have to continue working to be able to make sure that non-tariff barriers are addressed just as effectively as others. We do have some commitments already in the FTA, for instance around no derogation of existing laws in relation to the environment and thi…”

“I do not want to be panglossian and presume that everything is going to change very suddenly. As I said, we have done a deal with the federal Government of India, and different states have different rules, as does Canada, for that matter. Different provinces in Canada have different rules for their internal markets.”

“Technical standards are one of the areas where we will have one of the sub-committees. You are right that this is often true. For that matter, sometimes a country quite understandably wants to protect, for instance, its agricultural standards, its farming standards, just as we do in the UK. Just because there is libera…”

“That is inviting me to comment on our relationship with the European Union.”

“In terms of that structure—that is as important in order to make the FTA really work—there will be the annual meeting of the joint committee of the two Governments on the FTA, and below that there will be a series of sub-committees on goods, sustainability, SPS, services, standards and technical regulations and conform…”

“What policy, sorry?”

“We will do our level best.”

“In effect, I think this is what you have just said, Chair. There are the two bits of it: first, that India’s tariffs are coming down from 110% to 10%, whereas our tariffs are falling a much smaller amount; and secondly, the value of the cars that we are selling into the Indian market—the value of an individual car—is s…”

“We can. Obviously they are prospected rather than what we think would happen in the future, but yes, I am quite happy to write on these automotive numbers, if that would be helpful.”

“Again, it is not about comparing apples and pears. If the EV quota alone—4,400 cars, rising to 22,000 cars per year—was filled, that would save an estimated £336 million for the UK in tariff payments in year 6, and £1.68 billion—the figure we referred to—in tariff payments from year 15. It is the amount that is saved t…”

“Yes, 98,000. Kate is getting a precise figure.”

“Yes.”

“Up to, yes. Obviously quotas are not necessarily always filled.”

“That is a standard process that happens everywhere in the world with any quota arrangement.”

“It is not my personal decision as to whether JLR gets more of the 37,000 than others. There are arguments in favour of some kind of staging and some kind of allocation within groupings. Kate, did you have any further thoughts during the process?”