Categories: Business

Trade deal with UK set to kick in from July 15

India and the UK’s free trade agreement, along with a social security deal, will commence on July 15. This pact eliminates tariffs on 99% of Indian exports, benefiting sectors like textiles and engineering. Discussions resolved steel trade concerns, ensuring balanced market access for exporters. Indian consumers will see reduced duties on Scotch, automobiles, and cosmetics.

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