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 step forward in bilateral relations.
The deal is set to cut tariffs on a wide range of goods, including textiles, whisky, cars, and spices, and is expected to boost annual trade by over $34 billion. Key sectors such as textiles, leather, seafood, and agriculture are among the biggest winners, while the agreement also introduces new visa routes and investment opportunities. While the FTA is hailed as a post-Brexit win for the UK and a sign of India's openness to global markets, some concerns remain over public health provisions and the impact on local industries.
Overall, the agreement is projected to create thousands of jobs, attract billions in investment, and strengthen economic ties between the two nations.
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