
At the moment of the India-UK relations, both countries signed a historical free trade agreement (FTA) on Thursday, July 24, open the door to the expanded bilateral trade and increased investments on both sides. The free trade agreement in India will not only be several British imports – cars, liqueurs and cosmetics – but also reduce tariffs to all exports to the country.
The aim of the agreement between the fifth and sixth largest economy in the world is to increase bilateral trade by another $ 34 billion by 2040.
(Tagstotranslate) India-UK Relations