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Recently, India and the UK signed a Free Trade Agreement (FTA) after nearly three years of negotiations. The FTA aims to boost trade, investment, job creation, and innovation between the two nations. With this deal, 99% of Indian exports will see zero tariffs in the UK market, benefiting sectors like textiles, footwear, and food products. Meanwhile, India will reduce tariffs on 90% of UK products, including whisky, gin, beauty products, medical devices, and automotive components. The FTA aims to double the bilateral trade to 120 billion dollars by 2030. This agreement represents significant economic cooperation between the world's fifth and sixth largest economies.

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