Source · Select Committees · Business and Trade Committee
Recommendation 14
14
Acknowledged
Uncertainty during trade agreement ratification risks delaying commercial decisions for UK businesses.
Conclusion
The Committee notes evidence that uncertainty during the ratification period risks delaying commercial decisions, particularly in sectors where tariff reductions under the Agreement are commercially significant. Given the absence of provisional application, timely ratification and clear communication on implementation timelines will be critical to minimising disruption for UK businesses. (Conclusion, Paragraph 87) 77
Government Response Summary
HM Government will continue to update Parliament regularly on preparation, utilisation, and tariff preference uptake and will endeavour to publish provisional data on utilisation rates within the first year.
Government Response
Acknowledged
HM Government
Acknowledged
HM Government will continue to update Parliament regularly—through written statements, committees, and scrutiny processes – on preparation, utilisation, and tariff preference uptake. As with previous UK FTAs, we will also endeavour to publish provisional data on utilisation rates within the first year after entry into force - subject to information provision from Indian customs.