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  But the point of reciprocal and fair trade, Brian, is that both countries - Britain and India - can trade on a level-headed basis.
  A very strong currency - the pound - will not facilitate British exports to India.
  As a result, many British firms are excluded from the Indian market.
  
  Only firms such as arms producers and producers of high-tech items can export to India, till such time as the Indians have copied the technology. The same as China does.
  
  So really, it is not at all fair trade, as most British firms are excluded from exporting to many countries owing to an artificially high currency.
  This is an economic fact of principle.

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