UK Touts India Trade Deal
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Britain and India signed a landmark free trade agreement on Thursday during a visit to the UK by Prime Minister Narendra Modi, sealing a deal to cut tariffs on goods from textiles to whisky and cars and allow more market access for businesses.
India-UK FTA sets high standards for future agreements, protecting sensitive sectors while boosting bilateral trade and benefits.
Based on the key features of the DCC highlighted in the side letters, let's examine the implications for Indian employees assigned to work in the UK.
Prime Minister Narendra Modi on Saturday described the recently concluded FTA between India and UK as 'historic,' and said the trade pact showed the world's trust in the country.
The commerce minister said that of all the FTAs signed by India so far – the one with UK has been the biggest, most comprehensive, and most important
“In the IPR chapter, India has not breached the TRIPS agreement and is in compliance with domestic law. Only best practices that do not infringe on domestic laws have been adopted. Sharing of information and several such elements are part of the deal,” the government official said.
UK free trade agreement has been signed and will to reduce the price of cars imported from the UK to India as the tariffs have reduced. Tap to know what the FTA means for the Indian car buyer.
India's equity benchmarks are expected to open little changed on Friday as investors weigh the newly signed trade pact with Britain, which will cut tariffs of goods ranging from textiles to whisky and cars.
Union Minister for Commerce and Industry Piyush Goyal on Saturday termed the India-UK free trade agreement as “game-changing” and said that it will benefit every section, including the farmers, youths,