India and the UK sign Free Trade Agreement: Key highlights
India and the United Kingdom have signed a landmark Free Trade Agreement (FTA), aimed at significantly improving the market access and boosting bilateral trade by around USD 34 billion annually. The FTA was signed during Prime Minister Narendra Modi’s visit to London.
After signing the Free Trade Agreement with India, Prime Minister Keir Starmer said, “A landmark deal with India means jobs, investment and growth here in the UK.”
“It creates thousands of British jobs, unlocks new opportunities for businesses and puts money in the pockets of working people. That’s our Plan for Change in action.”
INDIA-UK FREE TRADE AGREEMENT: KEY HIGHLIGHTS
According to the officials, the Free Trade Agreement between India and the UK is expected to benefit 99 per cent Indian exports from tariff.
The FTA will also make it easier for British firms to export whisky, gin, cosmetics, medical devices, cars and other products to India.
This is a breaking report, more details are being added
