This chapter demonstrates the UK’s commitment to working with trading partners to promote free and fair trade and tackle unfair practices.

Businesses owned or controlled by governments and engaged in commercial activities are often known as SOEs (state-owned enterprises). Unfair commercial practices by SOEs undermine trust in the rules-based trading system and prevent UK businesses from competing fairly.

The chapter includes commitments that SOEs should operate in accordance with commercial practices, and includes provisions on appropriate means to raise concerns. The chapter also promotes co-operation between UK and Indian authorities on the corporate governance of SOEs and provides for appropriate means to raise concerns where they arise.

The chapter will ensure that UK SOEs, particularly those providing public services, can continue to operate as they do now.