Speeches by Bryant.

“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?”

“Who got it all, which company—yes. As you will have experienced yourself, that is not an easy process either. You might ask exactly the same question about the quota that we have agreed with the United States of America. This is a keenly fought-over debate, which I am afraid is still ongoing, but that is a debate betwe…”

“It is a common bid of ours in other FTAs and in other countries as well, that we want to have access to the higher-end market, because that is where we have an exceptional offer that travels well.”

“It may be speaking specifically about its sector, rather than about the whole of the deal. If you just take the quota provision for vehicles—Kate will give me the right number, because I will get this wrong in a moment—”

“Sorry, do you want to just listen to Kate?”

“There is an imbalance in one sense, except that if you are taking a tariff down from 3% or 4% to zero, that is rather different from taking one down from 33% or 25% to zero. It is a different order of magnitude. Secondly, of course the Indian market is very large. I should say that one of the things we are very conscio…”

“It is certainly true that as part of our reduction of the whole DBT—”

“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…”

“Kate, do you want to go through the pain that was the automotive numbers?”