Brexit LIVE: Boris eyes £100bn trading coup – Truss parachuted in to seal historic deal

Brexit: Expert warns UK has to be ‘innovative’

International Trade Secretary Liz Truss is holding talks with her opposite number, India’s commerce and industry minister, Piyush Goyal, in India’s capital of New Delhi. Last night she tweeted: “Excellent to meet @PiyushGoyal and business leaders to identify opportunities to deepen trade and investment. Looking forward to further talks tomorrow.”

Mr Goyal tweeted: “Delighted to host India’s first physical trade meeting post COVID-19 with Rt Hon’ble @TrussLiz, Secretary of State for International Trade, UK.

“India and UK share deep trade & investment ties, and will continue working together to enhance our partnership.”

Gaurav Singh, Founding Partner at venture capitalists JPIN VCATS, told Express.co.uk: “A UK-India trade deal is set to be worth £50-100 billion – on top of the £24 billion trading relationship that is already in place.

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“It’s exciting to see Liz Truss and Mr Goyal set out details around an Enhanced Trade Partnership, and hopefully, an India-UK free trade agreement (FTA) in the future.”

Mr Singh added: “India’s economy is on track to grow substantially over the next decade, and it’s crucial that a post-Brexit UK benefits from the country’s growth, with a closer UK-India relationship, and eventually a free trade agreement.

“Truss should go into these talks with an open mind, and the aim to come out with a strong ally in India – building up to a trade deal further down the line.”

(This is a liveblog. Check below for rolling Brexit updates during the day)

7.41am update: ‘Preposterous and childish!’ Brexiteer eviscerates EU rival over calls to snub UK diplomat

Brexiteer Martin Daubney has launched a scathing attack on Dacian Ciolos, the leader of the Renew Europe Group in the European Parliament, after he called on the bloc to snub Britain’s ambassador to the EU.

Mr Ciolos, who is the former prime minister of Romania, took to Twitter to demand retaliation for Britain’s apparent refusal to offer full diplomatic status to Joao Vale de Almeida, the EU’s representative in London.

He commented: “This morning I proposed that @Europarl_EN leaders should not meet the new UK representative in Brussels until this is resolved.”

However, Mr Daubney, himself a former Brexit Party MEP, wasted little time in hitting back.

He replied: “‘Strong relations?’ The EU put a hard border down Northern Ireland within one month of our independence, breaking Article 16; you banned export of vaccine into the UK endangering the lives of thousands of Brits, but you’re upset about a vol-au-vents party with an EU Ambassador?”

7.30am update: UK eyes India trade deal as Truss visits New Delhi

The UK is eyeing a new Brexit trade worth as much as a dizzying £100bn – with one expert suggesting Britain was in prime position to reap the benefits of a link up with the world’s second-most populous country.

Mr Goyal tweeted: “Delighted to host India’s first physical trade meeting post COVID-19 with Rt Hon’ble @TrussLiz, Secretary of State for International Trade, UK.

“India and UK share deep trade & investment ties, and will continue working together to enhance our partnership.”

Gaurav Singh, Founding Partner at venture capitalists JPIN VCATS, told Express.co.uk: “A UK-India trade deal is set to be worth £50-100 billion – on top of the £24 billion trading relationship that is already in place.

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