Scotland relies on the door to the single market being wide open. Scottish farmers can sell their meat, without quotas, without tariffs, to a market of 500 million people. But if Britain leaves, that could all change. A trade deal, like the one Canada has agreed with the EU, could involve tariffs and quotas on our exports. And if we have to fall back on the basic rules for global trade, that could mean tariffs as high as 13% on Scottish salmon, 40% on lamb and up to 70% on some beef products.

 

Source: The Scotsman

David Cameron Prime Minister of Britain Explaining why it would do well for Scotland to stay in EU  at the Scottish Tory conference in Edinburgh

 

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I think it is an impossible dream and there is no inclination, no way of telling the country how it will be achieved because it implies a 14% annual increase in the farm income in each of the five years.

 

Source: The Huffington Post

 

 

Dr. Manmohan Singh former Prime Minister of India On the Union Budget’s aspiration on doubling income of India’s farms on average by the year 2020 

 

 

 

 

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I assure my countrymen that this budget is a budget of your dreams. This budget has presented the commitment of government towards realisations of your dreams. 

 

Source: narendramodi.in

 

 

 

Narendra Modi Prime Minister of India On the Union Budget 2016-17

 

 

 

 

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Government is making efforts to speed up negotiations for an early result. Efforts would be on till a favourable situation in terms of goods and services is felt by the Indian side, as they form the core part of FTA in any country.

 

 

 

Rita Teaotia Commerce Secretary  On why it is taking so long to negotiate an FTA with Australia

 

 

 

 

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Global trade is now expanding at, or below, the rate of the global economy.  Aside from the China effect, this is because  of the slowdown in trade liberalisation in recent years. We need greater efforts to open up global trade systems and promote trade integration through regional and multilateral agreements.

 

Source: International Monetary Fund

 Christine Lagarde Managing Director, International Monetary Fund  On the growth of global trade

 

 

 

 

 

 

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India is a country that has a huge amount of potential and a huge amount of opportunity, but there is a fairly strong amount of bureaucracy. Sometimes it requires you to roll up your sleeves and apply a little elbow grease.

 

Source: PTI

 

 

 

 Steven Ciobo Australian Minister for Trade and Investment On the barriers to negotiating a successful FTA between Australia and India