Studies in impact of India's Tariffs on UK-India Trade

The World Trade Organization estimates that India's simple average applied most favoured nation import tariffs are 17.1 percent the highest of any major economy. These present a significant barrier to UK companies looking to export to the Indian market. In order to gain a more detailed picture a detailed statistical analysis is needed to provide a full picture of the economic impact to both India and the UK of the existing Indian tariff structure. It should identify specific tariff lines that, if reduced, would be...