ย India-UK FTA Signed: $34B Deal
India and the UK are set to sign a $34 billion trade deal. This will reduce taxes on goods, making Indian products cheaper in the UK and UK goods cheaper in India. The deal also promises smoother rules for doing business. Items like soft drinks, cars, and beauty products from the UK will now cost less here. Both countries will also work together on defense, jobs, education, and climate projects through a new plan called Vision 2035.
โข UK product taxes drop from 15% to 3%
โข Indian exports get better access to the UK.
โข Both nations team up beyond trade too
๐ Why this matters: The India-UK FTA can help Indian businesses grow, create jobs, and make everyday imported goods cheaper.
๐ Source: India Today
๐ Curated by Articoli News
๐๏ธ Written and summarized by our editorial team using AI assistance and human review.
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