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 annual bilateral trade by over $34 billion, cut tariffs on a wide range of goods including textiles, whisky, cars, and food products, and provide greater market access for both countries. Key sectors such as textiles, leather, pharmaceuticals, and alcoholic beverages are set to benefit, with Indian farmers and food processors among the biggest winners. The agreement is also projected to create thousands of jobs, attract billions in investment, and strengthen economic ties post-Brexit.
While the deal is celebrated as a strategic win, some concerns remain over public health and the exclusion of certain sectors like affordable electric vehicles.
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