Iron and Steel: India
The question
To ask the Secretary of State for Business and Trade, whether the UK-India Free Trade Agreement includes tariffs on steel imported from India.
Answered by Mr Douglas Alexander
Steel is a top priority for this Government. The UK-India Free Trade Agreement (FTA) does not include any text related to the implementation of the UK’s Carbon Border Adjustment Mechanism.
The FTA includes liberalised Most Favoured Nation tariffs on steel, but the UK’s trade remedies, including a global safeguard measure on certain steel products, continue to apply. Also, as part of our agreement, we included a ‘bilateral safeguard mechanism’ which allows us to temporarily increase tariffs or suspend tariff concessions if an industry is suffering or is at threat of serious injury as a result of reduced duties.
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