Transparency and information-sharing
31. We welcome the Government's commitment
to keep business informed about progress in the EU-India talks.
We expect the Government to keep the Committee similarly well
informed of developments in the EU-India talks, and the other
bilateral negotiations underway. In the interests of transparency,
we urge the Government to make public as much information as possible,
subject to the restrictions imposed by the sensitive nature of
trade negotiations. The Government should consider issuing position
papers similar to that on the EU's Economic Partnership Agreement
negotiations in March 2005 on the EU-India RTA, the other
bilateral talks, and the EU's broader RTA strategy. (Paragraph
67)
31.1. We note the Committee recommendations. We are
fully committed to supporting transparency in the negotiations,
and will keep the Committee informed of developments in all the
bilateral negotiations. We will also consider the issuing of position
papers on the range of bilateral negotiations, as recommended
by the Committee.
Conclusion
32. The UK has woken up to India, but progress
must not now be slowed in response to global concerns or expressions
of doubt about India's future. Engagement will benefit both partners.
Whether or not India grows as fast as other emerging markets,
it is a country of over a billion people, and the opportunities
are huge. As Government and business engagement continues to grow,
the United Kingdom is uniquely well placed to take advantage of
those opportunities. (Paragraph 71)
32.1 The Government fully agrees.
14 July 2008