India and the United Kingdom have signed a landmark free trade agreement during Prime Minister Narendra Modi's visit to the UK, marking a major shift in their economic relationship.
The deal will reduce or eliminate tariffs on a wide range of goods, including textiles, whisky, cars, and agricultural products, and is projected to boost bilateral trade by over $34 billion annually. Key sectors such as Scotch whisky, Indian textiles, and pharmaceuticals are expected to benefit, with Indian exports gaining 99% duty-free access to the UK market. The agreement is also set to create thousands of jobs, attract billions in investment, and provide new visa routes and regulatory benefits for professionals.
While hailed as a win-win for both nations, some industries and public health advocates have raised concerns about potential downsides.
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