India and the United Kingdom have signed a landmark Free Trade Agreement (FTA) during Prime Minister Modi's visit to the UK, marking a major milestone after years of negotiations.
The deal is expected to boost bilateral trade by over $34 billion annually, cut tariffs on a wide range of goods—including textiles, whisky, cars, and agricultural products—and increase market access for both countries. Key sectors such as textiles, leather, pharmaceuticals, and alcoholic beverages are set to benefit, with Indian exports gaining duty-free access to the UK for about 99% of goods. The agreement is also projected to create thousands of jobs, attract billions in investment, and strengthen economic ties post-Brexit.
While the deal is widely celebrated, some concerns remain over public health impacts and the exclusion of certain sectors like affordable electric vehicles.
.Be the first to reply to this general discussion.
Join in on more popular conversations.
