India-UK Free Trade Deal: Big Gains, Bigger Challenges
On 6th May 2025, India and the United Kingdom signed a Free Trade Agreement (FTA), aiming to enhance bilateral trade and economic ties between the world’s fifth and sixth largest economies.
What is a Free Trade Agreement (FTA)? A Free Trade Agreement (FTA) is a pact between two or more countries to reduce or eliminate customs duties and non-tariff barriers on substantial trade in goods and services. These agreements aim to:
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